Hedge funds make record bets against European stocks
Short positions rise sharply as traders eye economic fallout from Iran war
Short positions rise sharply as traders eye economic fallout from Iran war

Managers have struggled to navigate huge market swings sparked by conflict

The US market is more immune from shocks given still healthy American economic conditions and earnings

The world is a mess but markets seem to be shrugging worries over the fallout of the Iran war

Multi-manager hedge funds have suffered losses amid huge volatility in oil and bond prices

Sometimes crises do not blow over as investors might hope

Investors have been right to identify geopolitics as a rising risk factor