(Dec 10): Dymon Asia Capital (Singapore) is positioned so that almost one-third of its macro hedge fund’s portfolio would benefit from black-swan market events and dislocations, Chief Investment Officer Danny Yong said.

The rising popularity of passive and algorithm-driven investing has helped fuel “enhanced market complacency,” Yong said in an interview with Bloomberg Television. While outsized market moves are becoming less frequent, the next major correction could be as big as the global financial crisis, he said.

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