Abrdn and Ashmore are among the 10 most-shorted companies in the UK, with BlackRock, GLG Partners and Point72 among the investment giants betting against the two asset managers.
Edinburgh-headquartered Abrdn, which on 9 August announced a £320m loss for the first half of the year, has seen its share price drop by around 29% since January as volatile markets hit revenues and profits across the asset management sector.