Short-term nimbleness key to navigating volatile markets: Dymon Asia

Singapore

MARKETS today are buffeted by unprecedented macroeconomic conditions, and making money in the turbulence requires investors to be nimble and to distinguish long-term convictions from short-term opportunities, said Danny Yong, chief investment officer of Dymon Asia Capital.

At a time when hedge funds have come under pressure - the HFRX Global Hedge Fund Index has lost 0.6 per cent year to date and an annualised 1.1 per cent over the past 36 months - Singapore-based Dymon Asia has been a remarkable outperformer. The firm's US$3.2 billion flagship Dymon Asia Macro Fund has averaged an annualised total return of about 7 per cent since inception eight years ago.