(Bloomberg) Turiya Advisors Asia Ltd., the Hong Kong-based hedge fund firm led by former Goldman Sachs Group Inc. trader Davide Erro, is the latest to be hit by industry woes, cutting jobs after losing investors’ money.
Turiya let go of six staff, including two people on its investment team, earlier this month, according to a person familiar with the matter. The firm, which had about 20 staff, is down 20 percent this year, the person said, asking not to be identified because the information is private.
