This year, everyone loves Japan and hates China. But don’t construct a long-short trade either way. Macro funds work well when there are clear trends, such as the unstoppable dollar rally in 2022. As the Bank of Japan and President Xi Jinping keep markets in the dark, one can be caught out by either side
HONG KONG Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a "significant and unprecedented drawdown" following missteps in Chinese and Japanese bets. The Asia Genesis Macro Fund lost 18.8 per cent in the first weeks of January, Chief Investment Officer Chua Soon Hock said in a letter to investors seen by Reuters. He said he decided.
Singapore-based Asia Genesis Asset Management is liquidating its hedge fund after a significant and unprecedented drawdown following missteps in Chinese and Japanese bets.. -January 22, 2024 at 10:59 pm EST
- MarketScreener