Stocks & Investing
Stocks and Investing
Stocks and Investing
Tue, November 26, 2024
[ 11:41 AM ] - Thomas Matters
[ 11:41 AM ] - Thomas Matters
[ 11:40 AM ] - Thomas Matters
[ 11:21 AM ] - Thomas Matters
[ 11:09 AM ] - Thomas Matters
[ 11:08 AM ] - Thomas Matters
Mon, November 25, 2024
[ 11:31 PM ] - Thomas Matters
[ 06:31 PM ] - Thomas Matters
[ 06:31 PM ] - Thomas Matters
[ 06:31 PM ] - Thomas Matters
[ 06:31 PM ] - Thomas Matters
[ 05:33 PM ] - Thomas Matters
[ 05:33 PM ] - Thomas Matters
HEDGE FLOW Hedge funds bet against power and pile into materials, says Goldman Sachs
- Global hedge funds sold U.S. electric and water utilities stocks at the fastest pace in two months while buying U.S. materials stocks such as chemicals, metals and mining as well as paper and forest shares in the week to Friday,
Hedge funds are increasingly betting against power companies while heavily investing in materials, according to a report by Goldman Sachs released on November 25, 2024. The report highlights a significant shift in hedge fund strategies, with a notable increase in short positions on utilities, driven by concerns over regulatory changes, rising interest rates, and the transition to renewable energy sources. Conversely, there has been a surge in investments in materials, particularly metals like copper and lithium, which are crucial for electric vehicles and renewable energy infrastructure. This pivot reflects broader market trends towards commodities that support the green energy transition, as hedge funds seek to capitalize on the growing demand for these materials.
Read the Full Reuters Article at [ https://www.reuters.com/business/finance/hedge-flow-hedge-funds-bet-against-power-pile-into-materials-says-goldman-sachs-2024-11-25/ ]
Read the Full Reuters Article at [ https://www.reuters.com/business/finance/hedge-flow-hedge-funds-bet-against-power-pile-into-materials-says-goldman-sachs-2024-11-25/ ]
