Why Singapore’s hedge funds are outperforming their global rivals

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On most mornings, Chong Chin Eai starts his day with a jog through Singapore’s Botanic Gardens. After taking his son to school, he trades futures on his laptop at home until it’s time for lunch, after which he might have a massage or perhaps a nap.If that sounds snoozy, Chong’s returns are anything but. His Vanda Global Fund, started with US$24 million from friends and family and named after Singapore’s national orchid, is the world’s best-performing hedge fund this year, gaining more than 300…

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