Cracks in the AI trade in July prompted a risk-off move in the stock market. That dragged down growth-oriented mutual funds.

Asias major multi-strategy funds suffered sharp July losses as an AI-linked stock selloff across Japan, South Korea and China erased much of their 2026 gains. Concerns over AI…

Major Asian multi-strategy hedge funds suffered sharp losses in July 2026 as an artificial intelligence and tech stock selloff erased early-year gains. Declines across Japan,…