Saturday, 27 December 2014
Last updated 3 days ago
Jan 11 2010 | 12:34pm ET
London-based hedge fund Prana Capital is poised to move its focus—and founder—to Asia.
The global macro shop, which already invests some of its US$115 million in assets in Asian equities, plans to open a Singapore office, Reuters reports. It is expected that Peregrine Cust, who founded the firm five years ago, will relocate to the new office.
A spokesman for the hedge fund told the news agency that Cust’s move was “not imminent.”
Prana Capital’s eponymous hedge fund returned 72% last year.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.