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GC Asia
Bridgewater unwinds European shorts, other speculators attack bans
Prominent short sellers have criticised European financial regulators’ clampdown on short selling as being counterproductive. Meanwhile, US hedge fund Bridgewater Associates has been unwinding its multibillion short positions in European stocks, after price falls across indices on the continent in recent days.
European regulators have become hostile to short sellers in the wake of market sell-offs. Italy, France, Spain, Belgium and Greece have all announced bans on the activity.
Last week, Bridgewater piled up short positions across dozens of European companies. Breakout Point, which analyses short positions, tallied up ...Please take a trial or subscribe to access this content.
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