SINGAPORE (BLOOMBERG) - Piquant Capital Pte is shutting its quantitative hedge fund as it failed to attract investor money after making a loss in 2014, the firm's chief investment officer said. The Singapore-based money manager didn't reach its targeted US$60 million (S$84.3 million) and will officially end operations at the end of the year, George Varghese said in an interview this week. He said he stopped trading in June when the fund's assets under management were at US$20 million. More of Asia's smaller hedge funds are closing as volatile markets dent returns, tighter regulations increase costs and institutional investors entrust...