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Macro Finance

UVA’s Situational Awareness Bet Fueled Record Year Before Tumult

Bloomberg Markets·September 2, 2026·1 min read

AI-focused hedge fund Situational Awareness lost over two-thirds of its $45 billion in July, with wealthy individuals and tech founders among the hardest hit. The fund's record year turned to turmoil, though the report did not specify the cause of the losses.

Read at Bloomberg Markets
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