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Ctas

All articles tagged with #ctas

finance2 years ago•5 min saved

Goldman Sachs' Top Stock Picks for Maximum Earnings Upside

Goldman Sachs predicts that momentum traders, specifically commodity trading advisors (CTAs), who have been shorting the S&P 500, are now ready to buy it back in a big way over the next month. CTAs currently have a record-low exposure to U.S. equities, with a short position of $47 billion, the largest on record. Despite criticism of CTAs for their extreme swings, Goldman Sachs believes they will be buyers of the S&P 500 in every scenario.

via MarketWatch|

#ctas #finance #goldman-sachs

finance2 years ago•3 min saved

March Madness: Hedge Funds and Banks Take a Beating

The market turmoil in March has caused many macro and trend-following hedge funds to suffer losses and cut bad portfolio bets. Algorithmic commodity trading advisor funds (CTAs) have also been hit hard, with losses of 6.8% this month. Hedge fund strategies based around macroeconomic ideas have also posted negative performances. The sudden collapse of two regional US banks and Swiss lender Credit Suisse has caught many hedge funds off-guard and left them with unexpected losses. CTAs have cut their entire long exposure of roughly $60 billion in equities in two weeks and are also cutting credit exposure.

via Reuters|

#ctas #finance #hedge-funds