π Hedge Funds Dump Asia: Biggest Weekly Selloff in 5+ Months
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Hedge funds pulled out hard from emerging Asia equities last week, the largest weekly selloff in over five months, according to Goldman Sachs.

Markets are jittery ahead of U.S. funding/fiscal decisions, and capital is shifting toward safer harbors for now.
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Smart money is clearly sitting on the sidelines
Once the fiscal clouds clear, we could see a sharp rotation back into risk assets. Until then, safe havens remain in the driverβs seat
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Until U.S. fiscal decisions are clarified, capital will likely keep flowing into safe havens. Once resolved, risk assets could bounce back with strong inflows 