WSJ – Hedge funds have embarked on a buying spree of equities for the first time since before the Greek sovereign debt crisis, lured in by rising equity markets and lower volatility.
Hedge funds became net buyers of equities–meaning that buying outweighed selling–in the last week of July, after 15 straight weeks of net selling, according to a monthly report published on Sunday by the global equity research team at UBS, which has analysed data from the Swiss bank’s prime brokerage unit.
