Hedge fund inflows into US equities the largest since June
<p>A couple of interesting items from a Bank of America note on Tuesday regarding equity flows last week. </p><p>In brief:</p><ul><li>Hedge fund (largest inflow since June) and institutional clients were net buyers</li><li>retail clients were net sellers for the first time since September</li><li>buying largely in ETFs, single stocks saw outflows among Bank of America client</li><li>consumer discretionary the most bought sector</li></ul><p>—</p><p>I know, it would have been more helpful if this was around last week. Be wary of attaching too much weight to the info now though. </p>
This article was written by Eamonn Sheridan at www.forexlive.com.
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