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From Reuters: Hedge funds bought global equities last week at the quickest pace since November 2024, Goldman Sachs said in a note, just as stock markets ended the month with their most positive May performance in decades. The S P 500 advanced just over 6% in May, its biggest monthly rise since Nov... Article link

Hedge Funds Post Fastest Stock Buying Since November 2024, Says Goldman Sachs

NEW YORK — Hedge funds executed their fastest global stock buying spree since November 2024 last week, according to a report by Goldman Sachs, as equity markets wrapped up one of the strongest May performances in decades. The S&P 500 gained just over 6% in May, marking its largest monthly increase since November 2023 and its best May return since 1990. The Nasdaq surged approximately 9.6%, also recording its biggest monthly jump since November 2…

Hedge Funds Go All In: Fastest Stock Buying Since Nov 2024 - Wall Street Pit

Hedge funds purchased global equities at the fastest pace since November 2024, with a strong focus on AI-related technology stocks in North America and Europe. The S&P 500 (^GSPC) and Nasdaq (^IXIC) posted significant gains of 6% and 9.6% in May, respectively, marking their best May performances since 1990 and…