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Hedge Fund Short Sellers Suffer Usd500m Hit In August From Wayward Ftse 100 Wagers

by hedgeweek.com posted 2weeks ago 28 views
Hedge fund short sellers suffer USD500m hit in August from wayward FTSE 100 wagers Submitted By Hugh Leask | 03/09/2020 - 11:23am Hedge funds have lost almost USD560 million after several hefty short bets on a range of FTSE 100 stocks turned sour as equity markets yielded solid gains. New data from London-based equity research firm Ortex Analytics shows almost three-quarters of total short losses in August came from big wagers against just five names: Ocado Group, InterContinental Hotels, International Consolidated Airlines Group, BHP and Pearson.

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