US retail investors add equities, while hedge funds trim exposure
Written by Black Hot Fire Network on July 10, 2023
NEW YORK, July 10 (Reuters) - Retail investors bought roughly $7 billion of equities last week, showing a near record appetite for shares since 2016, while U.S. hedge funds trimmed their exposure to global equities, Morgan Stanley said in a note to institutional investors seen by Reuters.
The Wall Street bank said retail investors net bought mainly exchanged traded funds (ETF . . .
