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Abrdn, Ashmore among most-shorted UK stocks as BlackRock, GLG bet against shares

From inflation to geopolitical tension, major fund houses are finding reasons to short their peers

Short positions in Abrdn reached a record high at the start of this month as asset management sector faces strong headwinds
Short positions in Abrdn reached a record high at the start of this month as asset management sector faces strong headwinds Photo: Jonne Roriz/Getty Images

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.

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