Our weekly East Asia information roundup organizes a very powerful developments within the trade.
Three Arrows Capital (3AC), a rising Singaporean hedge fund estimated at $10 billion at its peak, was utterly worn out by final 12 months’s bear market. Nonetheless, the carnival he has created for the reason that preliminary explosion continues to be alive, and his primary characters additionally appear to be doing properly.
One in every of 3AC’s co-founders, Kyle Davies, appears to have lastly discovered some solace within the expertise. After a lot turmoil, the previous hedge fund supervisor has now change into a wannabe restorer fastened on a spot excellent the artwork cooking rooster.
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