With 'no place to hide' traders spend sleepless nights as Iran war roils markets

Shanghai-based fund manager Wang Yapei has cut positions aggressively amid a steep global selloff sparked by the war in the Middle East, adopting a risk-off stance to preserve capital. The move underscores elevated investor risk aversion and could exert additional pressure on emerging-market assets and cross-border flows as managers de-risk.

Analysis

Shanghai-based fund manager Wang Yapei has cut positions aggressively amid a steep global selloff sparked by the war in the Middle East, adopting a risk-off stance to preserve capital. The move underscores elevated investor risk aversion and could exert additional pressure on emerging-market assets and cross-border flows as managers de-risk.