$15B in bets against European Companies
The world-renowned hedge fund Bridgewater Associates, have made a “Coronavirus statement” with roughly $15B in bets against companies in Europe, including one UK company.
The distribution of bets across Europe are as follows;
It is worth noting however, that Bridgewater may hold more European stocks than it is shorting and the $15B could be a “coronavirus precautionary measure”.
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