Hedge Fund Euro Shorts hit New Record High

Societe Generale SA (EPA:GLE) has some interesting research out on hedge fund positions. Some of the composite movements may seem obvious in the macroeconomic climate but some of the moves that hedge fund have been making recently may surprise the regular investor.

The letter uses data from EUREKAHEDGE which collects its information from almost 25,000 alternative funds around the world. The report composites the movements of many different hedge fund to put a trend to the recent positions of those funds globally.

The first diagnoses given in the report is that hedge funds in general have drifted away from the Nasdaq....