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Here's how the world's biggest hedge funds are shorting the heart of Germany's economy

Posted On: Apr 18, 2019   |   Posted By: Business Insider

Here's how the world's biggest hedge funds are shorting the heart of Germany's economy

AQR and Capital Fund Management are among hedge funds making big bets against German steel conglomerate Thyssenkrupp, according to a short-selling research firm.
In what may be a worrying sign for companies at the heart of Germany's economy, bets against German steel have been ticking up this year.
Marshall Wace, based in London, has been building up bets against German companies, racking up 25 short bets on the country's benchmark Dax Index.
AQR, Capital Fund Management, and Marshall Wace are among hedge funds making big bets against German steel conglomerate Thyssenkrupp, the first time so many at once have taken that position.
In what may be a worrying sign for companies at the heart of Germany's economy , bets against German steel have been ticking up this year , and Marshall Wace is racking up more than two dozen other short bets in Germany across a range of sectors.
Research firm Breakout Point spotted five big shorts in Thyssenkrupp that make up a little more than 4% of the company, worth about €328...

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