Segantii hedge fund assets fall by US$1bil

Assets of the Segantii Asia-Pacific Equity Multistrategy Fund declined to about US$4.8bil at the end of January, from nearly US$5.9bil in March 2023. — Bloomberg

HONG KONG: Simon Sadler’s Segantii Capital Management Ltd saw its hedge fund assets shrink by 18% since last March amid investment losses and redemptions, say people familiar with the matter.

Assets of the Segantii Asia-Pacific Equity Multistrategy Fund declined to about US$4.8bil at the end of January, from nearly US$5.9bil in March 2023, said the people, who requested not to be named because the matter is private.