Bridgewater’s bearish bets on European stocks jump to $10.5 billion – Bloomberg News

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Reuters UK

(Reuters) – Bridgewater Associates has raised its short position on European stocks to $10.5 billion, nearly doubling from the previous week, according to a Bloomberg News report on Thursday, in a sign the hedge fund was increasingly bearish on equities in the continent. Bridgewater disclosed short bets against 28 companies that include individual wagers of more than $500 million against ASML Holding NV, TotalEnergies SE, Sanofi and SAP SE, according to data compiled by Bloomberg. Last week, Bridgewater’s bet against European stocks was at least $6.7 billion, according to data group Breakout P…

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