AI-led rally lift Asia hedge funds wit triple-digit gains

Asia hedge funds dey post triple-digit gains for AI-led rally wey focus on AI hardware and semiconductors. Plenty funds don pass 100% return mark for di first five months of 2026, driven by demand for chips, memory and optical components. Key figures: E20 Capital’s $2B Global Opportunity Investment Fund don up 136% through May. WT Asset Management’s long-short China Focus fund return 103%, while im long-only fund gain 67.5%. Trivest Advisors record 88.9%. Equity benchmarks and standout names show di AI-led rally. South Korea’s KOSPI don up nearly 100% year-to-date, Taiwan’s weighted index don rise 53%, Japan’s Nikkei 225 up 31%, and Shanghai Composite dey for decade high. Hua Hong Semiconductor don benefit well. Zhipu AI (Knowledge Atlas) shares surge more than 1,000% after im Hong Kong listing in January 2026. WT Asset Management, led by Wong Tongshu, don grow assets under management to about $10B. Their China Focus fund use long-short strategy wey fit make money for both up and down moves — different well from retail exposure to semiconductor ETFs. One notable takeaway for traders: dis AI-led rally dey mostly confined to traditional equities. Di article highlight disconnect from crypto markets, mean say institutional flows right now dey favour companies wey get visible revenue and earnings growth rather than speculative digital assets.