Wednesday, 23 July 2014
Last updated 26 min ago
May 28 2010 | 10:31am ET
Millennium Management is boosting its presence in Asia, naming the Lehman Brothers’ former head of Asian investment banking as its new chairman in the region.
Kunho Cho will lead the New York-based hedge fund’s growth in the region. In particular, he is charged with overseeing its dealings with governments, regulators and its investors in Asia.
Millennium also said it had promoted Hyung Lee to head of Asian capital markets. Lee has been head of Asian fixed-income at the firm.
Millennium has offices in Hong Kong, Singapore and Tokyo.
“We believe strongly in the continued growth and opportunity in Asia,” Millennium founder Israel Englander said. “We aspire to be one of the leading alternative asset managers in Asia,” he added.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…