S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$78,412▼0.2% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

ETFs & Funds

HomeETFs & FundsFund IndustryAsia multi-strategy hedge funds suffer steepest July l…

Asia multi-strategy hedge funds suffer steepest July losses of 2026

The losses followed a sharp reversal in semiconductor and AI-related stocks across the region, reversing part of strong first-half 2026 gains.

Asia's largest multi-strategy hedge funds posted their steepest monthly losses of the year in July, as a sharp pullback in semiconductor and AI-linked equities hit performance, according to a Reuters report carried by Hedgeweek.

The report said the downturn across the region erased part of the strong gains these funds generated earlier in 2026.

As a result, several funds saw their July results mark their worst month of 2026 so far, reflecting how quickly sentiment shifted when the AI-driven selloff spread beyond early winners.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.