Singapore hedge fund Asia Genesis shuts after 'big mistake' on China trade
“I have reached the stage whereby my confidence as a trader is lost,” chief investment officer Chua Soon Hock said. Read more at straitstimes.com.
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“I have reached the stage whereby my confidence as a trader is lost,” chief investment officer Chua Soon Hock said. Read more at straitstimes.com.
(Bloomberg) -- Singapore hedge fund Asia Genesis Asset Management Pte is closing its macro fund after suffering an “unprecedented drawdown” following China’s stock market rout and Japan’s rally. Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutNever Trumpers Brace for New Hampshire ShutoutBoeing Faces More Pressure as United CEO Vents F
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Asia Genesis, a Singapore-based, global macro hedge fund manager, has appointed Sean Tan as its Head of Trading, Partner.