Hedge fund gurus, including David Einhorn and Bill Ackman, offered up their best investment ideas for 2017 at the Sohn conference in New York. Here are the highlights.
Global, emerging-markets, Europe (ex-U.K.) and U.S. bond funds all took in new money during the first week of May.
Energy, technology and consumer goods the only sectors to see inflows during the first week of May; investors continue to purge commodities, health care and real estate.
North Korea is making investors cautious while India’s growth attracts new money.
A generally positive earnings season couldn’t overcome other factors as investors pulled money from developed market equity funds last week.
