Monday, July 12, 2010
The TrimTabs/BarclayHedge Survey of Hedge Fund Managers
The topical study from the July 2010 issue of The Hedge Fund Flow Report. Gain insight into industry trends and hedge fund asset flows before you make your next important decision.
- Hedge fund managers remain downbeat on equities. Only 19% of the 127 managers we surveyed in the past week are bullish on the S&P 500, up negligibly from 16% in May. Commitments of Traders reports and a recent spike in short interest square with this pessimism.
- Less than 15% of hedge fund managers are bullish on 10-year U.S. Treasury notes, down from 27% in May. About 36% are bullish on the greenback, down from 49% in May. These results suggest managers are demonstrably uncomfortable with unbounded government spending and potential debt monetization.
- About 72% of managers expect to hold leverage steady in the next month. Only 13% aim to reduce leverage, probably because they levered down in May. NYSE margin debt sank 9.8% last month. . . .
Accredited investors can read the entire article for free.
From the July 2010 issue of The Hedge Fund Flow Report. The Hedge Fund Flow Report combines the accuracy of the BarclayHedge database with the analytical insight of TrimTabs Investment Research. The report is generated by TrimTabs Investment Research using the most current data on thousands of hedge funds. An annual subscription includes 12 monthly updates as well as a spreadsheet containing historical flow aggregates by category.
To download a free sample of the entire TrimTabs Hedge Fund Flow Report, simply fill out this short request form.
Copyright © 2010 by Barclay Hedge
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