Monday, January 31, 2011
Hedge Fund Managers Bullish on U.S. Equities but Less Upbeat than Last Month According to Survey
New York, NY – January 31, 2011 – Hedge fund managers are upbeat on U.S. equities but less bullish than a month ago, according to the TrimTabs/ BarclayHedge Survey of Hedge Fund Managers for January. About 37% of the 91 hedge fund managers the firms surveyed are bullish on the S&P 500, down from 46% in January, while 26% are bearish, up from 19%.
“Less upbeat forecasts are somewhat surprising in that hedge fund managers performed exceptionally well in the final four months of 2010,” said Sol Waksman, founder and President of BarclayHedge. “Nevertheless, the January bullish reading is the second-highest since the inception of our survey in May 2010, while the bearish reading is the second-lowest. Hedge fund managers still have plenty of skin in the game.”
Read the entire TrimTabs Asset Flows into Hedge Funds Press Release by clicking here.
Copyright © 2010 by Barclay Hedge
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