Hedge funds withdrew from the global stock market at the fastest pace in 13 years in March.

Golden Finance reports that on April 3, investors began to reduce their holdings in global stock markets in large numbers, as hopes for a rapid resolution of the Middle East war are gradually fading. According to data collected by the institutional brokerage business of Goldman Sachs Group, in March this year, the pace at which hedge funds sold global stocks reached the fastest level in 13 years, and it was also the second-fastest level since Goldman began collecting related data in 2011. This move was mainly due to an increase in short-selling transactions, highlighting concerns that stock markets may weaken further amid the backdrop of ongoing hostilities in Iran. The MSCI World Index fell 7.4% in March, marking the worst single-month performance since 2022, while the S&P 500 Index during the same period fell 5.1%.

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