Rounding up top investing articles from around the web, including articles shared by fellow investors in the Financial Horse Facebook Group. Archegos meltdown: What happened at Bill Hwang’s firm and how it is affecting global markets (Straits Times) Banks are facing billions of dollars in losses after a little-known US investment firm, Archegos Capital Management, defaulted last week on margin calls, forcing a brutal near US$30 billion (S$40.4 billion) stock fire sale. In an era of easy money, Archegos was able to borrow so much that its failure created shockwaves large enough to ripple across global financial markets. New York-based Archegos was set up by Mr Bill Hwang, formerly a stock analyst with storied hedge fund Tiger Management, founded by legendary fund manager and US billionaire Julian Robertson. Archegos’ meltdown was triggered last week after some of its portfolio stocks witnessed a significant price fall. This in turn triggered margin...