Hedge Funds Cut US Equity Exposure to Record Low vs MSCI ACWI
Hedge funds have aggressively reduced exposure to U.S. equities, with relative positioning falling to a record low of -20% against the MSCI ACWI index.
Hedge funds are making a sharp bearish pivot on U.S. stocks. According to recent data, they have aggressively cut their equity exposure, bringing relative positioning to an all-time low.
The relative exposure versus the MSCI ACWI has dropped to -20%, marking the most underweight stance on record. This suggests a significant shift in sentiment among major fund managers away from American equities.
Source: First Squawk