Singapore: Piquant Capital to terminate hedge fund after making loss in 2014

Piquant Capital website.

Asia Pacific-focused Piquant Capital Pte is pulling the shutters on its quantitative hedge fund as it failed to attract investor money after making a loss in 2014, Bloomberg reported.

The Singapore-based firm didn’t reach its targeted $60 million and will officially end operations at the end of the year, chief investment officer George Varghese said in an interview with Bloomberg.

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