✌Top Performer UK Hedge Fund Qube:$1Billion Short Bet vs German Stocks✌

Bernd Pulch BERND PULCH, EAST GERMANY, GERMANY, INVESTMENT, WEST GERMANY January 26, 2024January 26, 2024 1 Minute

Former Chancellor and Communist Party Officer & suspected Stasi Agent Angela Merkel

Qube Research & Technologies Ltd. has amassed a short bet of more than $1 billion against German companies amid a downturn in global demand that’s slowing Europe’s biggest economy.

The hedge fund added to wagers against the likes of automaker Volkswagen AG over the last two weeks, including disclosing a $131.8 million short against Deutsche Bank AG, according to data compiled by Bloomberg from regulatory filings. It’s the biggest disclosed short seller of the country’s stocks, the data show.

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