BANK OF AMERICA: Funds are falling out of love with

BANK OF AMERICA: Funds are falling out of love with financial stocks at a blinding pace

Business Insider

Published 30 May 2020

· *Large-cap long-only funds are the most underweight in financial stocks in nearly a decade as firms trade profits for loan-loss protections, Bank of America said Friday.*
· *Hedge funds made similar retreats, reaching record-low positioning in the sector last month and only barely ticking higher through May.*
· *Fund...

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BANK OF AMERICA: Funds are falling out of love with financial stocks at a blinding pace

BANK OF AMERICA: Funds are falling out of love with financial stocks at a blinding pace

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