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Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardest

viaeconomictimes.indiatimes.com16 Oct
Global hedge funds suffer steep losses as AI trade unwinds, Asia funds hit hardest
Global hedge funds suffered steep losses as investors unwound artificial intelligence-related trades amid inflation concerns and expectations of higher interest rates. Asia-focused stock pickers were hit hardest, losing 6.8% in early October, while global fundamental long-short funds fell 2.9%…

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