Business

The Bridgewater hedge fund is increasing its bets against European stocks

Ray Dalio

Apparently the Bridgewater boss sees high price risks in Europe.

(Photo: Reuters)

Dusseldorf Bridgewater is betting on European stock market prices falling more broadly than previously known. The largest hedge fund in the world has now amassed “short positions” in at least 29 companies in Germany, France, Finland, Italy and Spain, eleven in Germany alone. This is demonstrated by a research by Handelsblatt, which evaluated the data of the European national authorities.

As a result, seven short bets have been added since last Thursday. Bridgewater also increased its position in 19 of the original 22, so much so that the value of the so-called short bets went from almost seven to almost ten billion euros. he has grown.

When betting on falling prices, also known as short selling, hedge funds borrow shares for a fee and immediately resell them. They are betting that prices will drop and that they can buy back the shares at a lower price before the redemption date. The difference between the selling price and the buying price is the profit.

Ray Dalio’s hedge fund Bridgewater is also betting against SAP and Siemens

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