Singapore hedge fund Dymon Asia Capital has had an exemplary year. Business Insider reports that, for the year to November, it posted 16% returns, more than other high performing funds like ExodusPoint and Balyasny. The success has been facilitated by expansion on multiple fronts, including the hiring of 19 portfolio managers (PM), and the buildout of multiple new offices.

Our founder and CIO, Danny, recently featured on a panel discussion about the world’s “New Monetary (Dis)Order” at the 2025 Bloomberg New Economy Forum in Singapore. He shared his view that structurally large US fiscal deficits – projected to remain above 5% of GDP even with equities at record highs – means that renewed quantitative easing could be here to stay. Faced with heavy investment needs, elevated interest rates, and political constraints, he argued that policymakers are more likely to lean on the printing press than to exercise genuine fiscal restraint.

President and co-Head of Equities Jay Luo joined Bloomberg’s Asia Centric podcast to discuss Asia’s multistrategy hedge fund landscape and what it takes to build and sustain a high-calibre investment platform that nurtures top talent.

Multistrategy firms Citadel and Dymon Asia Capital are ramping up hiring in Asia, reflecting growing confidence in the region’s markets and a broader hedge fund push amid improving conditions and rising investor interest.

Dymon’s Founder and CIO, Danny Yong, told Bloomberg how he rebounded from setbacks to build an Asia-focused, multistrategy “money-making machine,” shifting from risk-taker to coach to empower his portfolio managers.

Dymon Asia has hired ex-Millennium PM Shao Ying as Head of Linear Equity Relative Value, continuing its recent expansion with several new portfolio manager hires.