Aspex Management Loses 16% in October as AI Stock Selloff Hits Asian Hedge Funds

Aspex Management, one of Asia’s largest hedge funds, lost about 16% in October as a sharp selloff in artificial intelligence-linked stocks hit technology markets across the region, exposing the risks facing investors heavily positioned in the sector. The $14 billion Hong Kong-based fund recorded one of its largest monthly drawdowns, a person familiar with the […]

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