FRANKFURT (DEUTSCHE-BOERSE AG) – DAX shares are proving to be extremely popular, yet a number of professionals prefer to aim for the sidelines or hold on to their short positions. Involuntarily, believes Joachim Goldberg.
March 19, 2025 FRANKFURT (Goldberg & Goldberg) For weeks now, the local stock markets have been benefiting from the influx of foreign capital, primarily from the USA. But not only them, as the Bank of America (BoA) survey of international fund managers published yesterday revealed. Among other things, the survey revealed that there must have been an exodus of US equities, most of which moved towards Europe. A net 23% of asset managers stated that they were now underweight in US equities. In the previous month, a net 17% were still overweight there, resulting in a record minus of 40 percentage points. At the same time, eurozone equities recorded a gain (of 27 percentage points) for the third month in a row,…
