Saturday, 31 January 2015
Last updated 15 hours ago
Jan 14 2010 | 1:34pm ET
A pair of top hedge funds is set to open offices in Hong Kong as western hedge funds begin to filter back into the region that is driving global economic growth.
New York-based Soros Fund Management and London-based GLG Partners, which both manage in excess of US$20 billion, plan to up open shop in the Special Economic Area, Bloomberg News reports. In addition to its proposed research office in Hong Kong, GLG is also planning a representative office in Beijing.
For its part, Soros may transfer two of its fund managers to Hong Kong. James Chang, a former Tiger Asia Management managing director hired in November, and Dai Jixin, a nine-year Soros vet, could make the move. Dai is a native of China.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…