Global hedge funds stepped up their selling of emerging Asian equities last week, marking the heaviest net outflows from the region in nearly a year, according to a report by Bloomberg citing a client note from Goldman Sachs.
The move reflects a sharp increase in risk aversion amid escalating geopolitical tensions.
The sell-off – driven largely by short-selling – was most pronounced in Taiwan, South Korea and India, while positioning in China saw comparatively limited bearish activity. The flows...
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