Hedge Funds Are Cautious on Equities Amid Rate and Energy Volatility

Hedge funds are holding equities at historically low levels in their long-short strategies amid continued volatility in rates and oil, Mark Wilson, head of European equities franchise sales and hedge funds, said. He also pointed to opportunities in European defense and energy independence, and discussed big tech, German government spending beneficiaries and the outlook for U.S. third-quarter earnings on the podcast.