Hedge Funds

Hedge funds up bets on Ashmore share fall

Shorting of emerging markets specialist hit a high amid August turbulence in global stocks

Hedge funds up bets on Ashmore share fall

Hedge funds are growing increasingly confident that the share price of emerging markets-focused asset manager Ashmore Group will drop further amid turbulence in developing economies.

August was a particularly violent month for global stock markets, with indices around the world suffering large losses. Emerging markets, in particular China, have been at the forefront of investors' concerns.

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