Every week, BofA equity strategist Savita Subramanian
provides an update on what her clients are doing in the market according to BI. According to Subramanian, "private
clients" (individual investors) just sold the most stock since late
December, when fears over the fiscal cliff were weighing on markets.
Meanwhile, hedge funds are buying.
"Hedge funds were net buyers of all three size segments
last week, while institutional and private clients were net sellers of all
three," writes Subramanian.
Read more:
http://www.businessinsider.com/baml-equity-client-flow-trends-12-2013-3#ixzz2NLKa1SwN
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