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Esports fund returns 14pc in a year when tech stocks get hammered

‘You need to be long and short and really active,’ says Clayton Larcombe, whose eyes were opened to esports’ rivers of gold in 2017.

Jessica Sier
Jessica SierNorth Asia correspondent
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Clayton Larcombe’s eyes were opened to esports’ rivers of gold when he was standing in a Shanghai stadium in 2017.

He and 120,000 other people had crammed into the world-class facility to watch a line of children play League of Legends, an online game in which fighters battle each other using magical powers.

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Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
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    Original URL: https://www.afr.com/technology/esports-fund-returns-14pc-in-a-year-when-tech-stocks-get-hammered-20221116-p5byrs