Soros, GLG Plan China Offices

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.


In Depth

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...