大摩指對衝基金今年增持歐股長倉 偏好科技板塊
摩根士丹利表示,全球對衝基金今年正增持歐洲股票,並減持北美股票。
該行指,自歐洲STOXX 600指數今年1月中旬開始升勢以來,對衝基金在近七成交易日買入歐盟股份。對衝基金在歐洲的風險敞口亦由去年底的17%升至目前約19%。該行指,大部分投資者增持歐洲股票長倉,下注股市上漲,最受歡迎歐洲股份包括資訊科技服務、工業綜合企業、半導體、電子設備及生命科學工具與服務。
摩根士丹利股票策略師Michael Wilson在報告中表示,美國股市市盈率進一步擴張要視乎今明兩年更佳的盈利展望,又指股市上升主要基於美聯儲去年第四季轉向「鴿派」帶來的更寬鬆金融狀況及下降的資本成本。
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