6 August 2026 at 6:01 pm
Summary
Major multi-strategy funds in Asia experienced significant losses in July, with an AI-linked stock selloff across Japan, South Korea, and China erasing much of their 2026 gains. Concerns over AI spending and Middle East tensions impacted semiconductor stocks, leading to a record 15.2% monthly decline for Asia's primary stock-picking hedge funds, according to Goldman Sachs.
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