Sector Trends

Sector Trends – April 2021

April was an interesting month for flows with Autos and Banks catching the eye thematic wise. Hedge Funds saw significant buying interest in Autos on the back of the VOW/VOW3 spread widening and generally positive results. This came at the expense of Tech, which suffered on the back of a mixed earnings and toppy valuations. Turning to Institutions, the flow was mainly focussed on Apparel names being bought and profit being taken in the Banks.

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