Hedge Funds Are Dumping Tech, Buying Oil in Search for Returns
- Date: 19-Jan-2022
- Source: Yahoo News
- Sector:Financial Markets
- Country:Gulf
Hedge Funds Are Dumping Tech, Buying Oil in Search for Returns
(Bloomberg) -- Stocks and bonds are out, and oil is in. That’s the playbook for hedge funds trying to navigate persistent inflation, rising interest rates and a slumping tech-heavy equity market.
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