ETFs & Funds
Home›ETFs & Funds›Hedge Funds›Hedge funds cut chip exposure after South Korea’s semi…
Hedge funds cut chip exposure after South Korea’s semiconductor surge
South Korean equities pulled back sharply as leveraged investors took profits following last week’s historic semiconductor rally.
South Korean equities fell sharply after last week’s historic rally in semiconductor stocks, as investors moved to lock in gains, according to Hedgeweek citing a Bloomberg report.
The pullback came after a period of extreme volatility, with hedge funds and other leveraged investors reducing exposure to chip stocks.
Hedgeweek said the de-risking reflected profit taking as semiconductor shares retreated from recent highs.
← Newer storyHedge funds add to bullish crude oil bets as US-Iran diplomacy revivesOlder story →Citadel’s crisis investing playbook draws attention after AI hedge fu…