Wall Street hedge fund takes short position against Hargreaves Lansdown


Eve Maddock-Jones
clock • 1 min read

US hedge fund firm Point72 Asset Management is the latest player to take a short position against UK investment platform Hargreaves Lansdown, following a testing 2023 for the company.

Point72 is headed by Steve Cohen, which, alongside European division Point72 Europe (London), took a net short position against HL, at 0.5% and 0.66%, respectively, according to the Financial Conduct Authority's latest daily short data. Point72 AM opened its position on 13 December 2023, with the European group following suit two days later. Woodford investors urged to join lawsuit against Hargreaves Lansdown According to the FCA data, there are currently seven active short positions against HL, including one from BlackRock Asset Management. Hargreaves Lansdo...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now


Already an Investment Week


More on Companies