China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP
China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP

Hedge funds soar on China slowdown

Gamble pays off for fund managers who made multi-year bets on fall in emerging-market stocks, currencies starting with mainland downturn

China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP
China's stock and currency declines have produced a windfall for asset managers betting on an emerging-market slump.Photo: AP
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