B · Normal
[One of Asia's most popular hedge funds encounters "Waterloo". Sibai Investment suffered a rare double-digit loss in October] On November 6, according to people familiar with the matter, Sibai Investment, which operates a large Asian hedge fund, lost 16% before expenses in October. The monthly performance difference is rare in the company's history. People familiar with the matter said that Sibai Investment lost about 12% last month after expenses, similar to October 2022, which was the only other month when its monthly decline reached double digits.
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