A Rare Hedge Fund Bet Targets the World's Biggest Shipping Firm
- Short bets against A.P. Moller-Maersk have reached a record
- The escalating global trade war is unnerving Maersk investors
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A.P. Moller-Maersk A/S is in an unusual place this year as the world’s biggest shipping company finds itself the target of an attack by hedge funds.
For years, there’s been no speculation against Maersk to speak of. In September, short positions represented just 0.8 percent of the Danish company’s stock. But with a trade war upending the outlook for the global container shipping industry, investors are reviewing their options.