By Nell Mackenzie LONDON (Reuters) – Hedge funds betting on a rise in banking shares abandoned trades last week at the fastest pace since May 2021, according to a June 28 Goldman Sachs note, meaning they missed the sector’s rally on Monday after the first round in the French election. Long positions or bets on a rise in prices of banking and other financial stocks were ditched among the highest
Hedge funds miss post-French election stock jump, Goldman Sachs data shows
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