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Hedge funds lift exposure to US healthcare stocks to near 5-year high
Hedge funds have increased their exposure to US healthcare stocks to nearly the highest level seen in the past five years, according to a report cited by Reuters.
The assessment was based on a note from the prime brokerage division at Goldman Sachs, which points to higher positioning in the healthcare sector.
The Reuters-cited update characterizes the shift as a buildup toward a multi year peak in hedge fund allocation to US healthcare equities.
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