Hedge funds return to pre-Iran conflict strategies, favoring short-term U.S. Treasuries, underperforming Asian currencies, and even instant noodle stocks.

As short-term funds resume their pre-war investment strategies, Florida-based Grey Value Management and Singapore’s Reed Capital Partners are both optimistic about the value of short-term U.S. Treasury bonds, with the latter also buying Japanese yen. Vantage Point Asset Management stated that previously pressured Southeast Asian stock markets may outperform. As market confidence is being restored, Thomas Hayes, Chairman of New York hedge fund Great Hill Capital, is seizing the opportunity to buy U.S. consumer stocks.