Hedge funds still cautious on U.S. stocks going into fragile September
By Nell Mackenzie LONDON (Reuters) -Hedge funds remain hesitant about buying U.S. stocks at the outset of what is often a dour month for markets, even with a potential U.S. rate cut on the horizon, after becoming net sellers in August. More traditional investors also sold more U.S. stock than they bought, Lipper data shows….