Singapore-headquartered hedge fund Dymon Asia has extended its 2025 rebound, with its $3.5bn multi-strategy fund rising 1.75% in August, lifting year-to-date returns to 12%, according to a report by Financial News citing people familiar with the matter.
The fund, one of Asia’s largest multi-strategy vehicles, allocates across FX, fixed income, equities, credit and commodities. Founded in 2008, Dymon Asia has expanded its regional footprint in recent years, including opening a Dubai office in 2024, authorised by the Dubai Financial Services Authority, with partner Cyril Brudy relocating to lead operations.
Dymon is among the relatively few multi-strategy hedge funds to deliver double-digit returns this year, outpacing the broader hedge fund industry. Data from HFR show hedge funds gained 4.9% through July, trailing the S&P 500’s 10% and the Nasdaq’s 11% rise. Other macro-focused funds such as Rokos Capital Management (up 13.7% YTD) and Discovery Capital’s Global Opportunity Fund (up 17.5% YTD) have also beaten benchmarks.
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