Post by Raja Gopal Chitharanjan
Global Banking and Finance Review - Globalbankingandfinance.com
According to Global Banking And Finance Review... Hedge funds are driving a record surge in stock buying, with systematic funds adding $86 billion of equity exposure over the last five sessions, according to a Goldman Sachs note cited by Reuters. Amid global equities near record highs and Iran peace hopes, CTAs and other trend-following funds have led the surge in demand. Goldman projects a further $70 billion of purchases could unfold over the next five sessions. This snapshot, reported by Nell Mackenzie for Global Banking & Finance Review, highlights how algorithm-driven strategies are shaping markets in geopolitically charged times. Read the full article at https://lnkd.in/dyd7iqG4 https://lnkd.in/dM6AKq2p https://lnkd.in/dyd7iqG4