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Asia Hedge Fund New Silk Road Shuts After US Investor Pullback

Asia Hedge Fund New Silk Road Shuts After US Investor Pullback

Bloomberg22-07-2025
One of Singapore's longest-running hedge funds, New Silk Road Investment Pte, is shutting down after weak returns and a pullback by US investors in Asia led to a sharp drop in assets.
The firm, started by two finance veterans about 16 years ago, saw assets under management plummet to $615 million as of December, from almost $2 billion as recently as 2021.
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