Reported 2 days ago
A Chinese hedge fund, led by CEO Wang Yiping, capitalized on a market dip in April due to US tariffs, achieving a remarkable 20% increase this year, bringing its total returns to 1,485% since inception a decade ago. Wang’s strategy combined human judgment with computer algorithms, allowing the fund to remain resilient and outperform market indices while managing approximately $1.8 billion.
Source: YAHOO