The More Things Change… (Credit Suisse)

May 2014

KEYWORDS: banks, Macro, CTA, Hedge Fund Performance, long/short equity, Emerging Markets, leverage, commodities, Europe, Short Selling, Trading

Authors:

Jon Kinderlerer

Organizations:
  • Credit Suisse

Summary:

During the March/April Rotation vortex we saw funds trim exposure to Financials. Over the last few weeks funds have added back exposure to Diversified Financials – with an emphasis on the discount brokerage firms. Exposure to Banks has continued to trend lower, led by the larger banks.

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