Bridgewater Associates, the world's biggest hedge fund, has almost doubled its short bets against European stocks in the past week, according to a report by Bloomberg.
The firm, which was founded by Ray Dalio, now holds $10.5 billion in short positions including individual bets of over $50 million against several firms including ASML Holding NV, TotalEnergies SE, Sanofi and SAP SE.
All 28 of the companies shorted by Bridgewater are included in the Euro Stoxx 50 index.
The firm, which was founded by Ray Dalio, now holds $10.5 billion in short positions including individual bets of over $50 million against several firms including ASML Holding NV, TotalEnergies SE, Sanofi and SAP SE.
All 28 of the companies shorted by Bridgewater are included in the Euro Stoxx 50 index.