Bridgewater placed a €10.5bn European short on Monday
On Monday, a day when European stock indices plummeted, hedge fund giant Bridgewater Associates was executing short positions against 37 of the continent's companies, particularly in France, Germany, Spain and the Netherlands.
The scale of the short positions, based on market capitalisation at Monday’s close, exceeds €10.5bn, according to Breakout Point, which analyses short positions. Investors fled from European stocks on Monday over fears about coronavirus and also the sudden drop in the oil price.It was Bridgewater’s biggest flurry ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: email@example.com