Hedge Funds

City hedge funds short property developers as house prices fall

Marshall Wace has taken a short position against Barratt Developments while Caxton is betting against Hammerson

City hedge fund Marshall Wace has a 0.92% net short position on Barratt Developments
City hedge fund Marshall Wace has a 0.92% net short position on Barratt Developments Photo: Getty Images

London-based hedge funds are betting against property developers after UK house prices fell for the fourth consecutive month in July.

City hedge fund Marshall Wace has a 0.92% net short position on Barratt Developments, the £4.4bn FTSE-100 residential property developer based in Coalville, the latest disclosure to the UK’s Financial Conduct Authority shows.

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