Hedge funds moved quickly to assess exposures and reposition portfolios after weekend attacks on Iran by the US and Israel triggered sharp market swings and raised fears of prolonged instability across the Middle East, according to a report by Bloomberg.
Trading desks across Asia-Pacific were on alert as markets opened, with volatility spiking in oil, currencies and regional equities. Singapore-based Dymon Asia Capital had senior staff covering the Wellington open, while executives convened emer...
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