{"id":10147,"date":"2009-03-20T00:00:00","date_gmt":"2009-03-20T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-buy-stocks-for-first-time-since-october","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2009\/hedge-funds-buy-stocks-for-first-time-since-october.html","title":{"rendered":"Hedge Funds Buy Stocks for First Time Since October"},"content":{"rendered":"<p>Bloomberg &#8211; U.S. hedge funds are buying more of the nation&rsquo;s stocks than they&rsquo;re selling for the first time since October, while mutual funds and most other investors remain net sellers, according to UBS AG. <\/p>\n<p>In the four weeks ended March 13, net purchases of equities by hedge fund clients of UBS averaged $140 million, according to a March 18 report by David Bianco, the New York-based chief equity strategist at Switzerland&rsquo;s biggest bank. The inflows into stocks followed 22 straight weeks of outflows. <\/p>\n<p>&ldquo;Those who are supposedly experts at assessing and managing risk are more confident putting capital to work than they were in October and November,&rdquo; said Peter Kenny, managing director in institutional sales at Knight Equity Markets LP Jersey City, New Jersey. &ldquo;That&rsquo;s an indication that the market has made some constructive moves toward building a base.&rdquo; <\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.bloomberg.com\/apps\/news%3Fpid%3D20601087%26sid%3DarJV1.PoxmCU%26refer%3Dhome\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; U.S. hedge funds are buying more of the nation&rsquo;s stocks than they&rsquo;re selling for the first time since October, while mutual funds and most other investors remain net sellers, according to UBS AG. In the four weeks ended [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,9333,9334,4504,9336,5369,2353,4710,9337,353,9335,173,4767,422,105],"class_list":["post-10147","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bloomberg","tag-david-bianco","tag-institutional-sales","tag-investors","tag-jersey-city-new-jersey","tag-managing-director","tag-managing-risk","tag-mutual-funds","tag-peter-kenny","tag-stocks","tag-straight-weeks","tag-strategist","tag-switzerland","tag-ubs","tag-ubs-ag"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10147","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10147"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10147\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10147"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10147"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10147"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}