Van Hedge September Sentiment Turns Bearish On Bonds

by Carla Johnson, Investors Offshore.com

07 September 2004

Van Hedge Fund Advisors International ("VAN") has released today its market sentiment indicators for US equities, the US Dollar and the US Treasury 10-year Note, reversing a previous bearish stance on the 10-year Note (50%) in August to become bullish (50%) for September.

The VAN Macro Sentiment Indicators are based on the outlook of hedge fund managers employing a macro view and who manage, in aggregate, in excess of $33 billion in assets. The purpose of the indicators is to reveal how these managers believe the S&P 500, the US Dollar and the US Treasury 10-year Note will perform over the current month.

The outlooks for September for the US Dollar and the S & P 500 have turned bearish. bearish.

For US Equities, 21% are bullish, 29% neutral and 50% bearish; and for the US dollar, 39% are bullish, 13% neutral and 48% bearish.

Van Hedge Fund Advisors International, LLC is a global hedge fund advisory firm which constructs hedge fund portfolios for international institutions and wealthy investors. VAN (and its affiliates) bases its work on its pioneering research on hedge funds begun in the early 1990s and by drawing on a hedge fund database which it believes to be the world's largest.

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