Sector ETFs Are Drained at Record Pace With ‘No Door Out’
Traders are offloading sector-specific funds at the fastest pace on record as the looming bear market seemingly spares no corner.
Traders are offloading sector-specific funds at the fastest pace on record as the looming bear market seemingly spares no corner.
Plummeting equity market and even worse performance of most popular long positions led to worst start of a year on record for hedge fund returns.
A fund manager who made triple-digit gains by hedging risks in Chinese equities is now turning bullish on mainland shares.
Stocks have lost nearly $12 trillion in market value since a peak in March as investors dumped risk assets amid a flurry of concerns.
Investors who bet against ETFs tracking Russian assets in build up to Ukraine invasion made right call -- and they’ve been paying price ever since.
Money is continuing to leave every asset class and the exodus is deepening as investors rush out of names like Apple Inc., according to BofA Corp.
Meme stocks that took Wall Street by storm at start of 2021 slumped to record low this week, erasing last vestiges of retail-investor driven rally.