Bridgewater bets €10 billion against European stocks

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Leading hedge fund almost doubles its wager in less than two weeks – expecting stock to continue to fall in value, EllieD798 reports.

The world's biggest hedge fund has taken a €10 billion bet against some of Europe’s best-known companies, new market data shows.

Bridgewater Associates has been aggressively increasing the size of its bet in recent weeks, having bumped it up from around €5.6 billion the week before last, according to figures from Breakout Point, a data company. Among the companies that Bridgewater is betting against are the French giants Total and Sanofi; Adidas and Siemens, the ...

 

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