Soros, GLG Plan China Offices

Jan 14 2010 | 2:34pm 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.


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Saxby: Not All EBITDA Is Created Equal

Nov 30 2017 | 8:02pm ET

Record levels of dry powder are driving competition among private equity firms to...