The world’s biggest hedge fund isn’t done betting against European equities.
Bridgewater Associates LP now has wagers valued at more than $14 billion that stocks will decline in the region after it disclosed a $1 billion short bet against Munich-based engineering firm Siemens AG. The value of the firm’s short bets in Europe has more than quadrupled this month and also includes a wager against the German sportswear manufacturer Adidas AG.
