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Marshall Wace is shorting Next, Burberry and B&M — here’s why
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fnlondon.comLondon-headquartered hedge fund Marshall Wace has placed big bets against UK retailers after the sector witnessed a drop in sales during March.
The latest disclosure to the UK’s Financial Conduct Authority shows that the hedge fund has a 1.88% net short position against fashion and cosmetic retailer Asos, which has a £769m market cap.
Marshall...
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