Wednesday, 27 July 2016
Last updated 3 min ago
Mar 3 2011 | 12:54pm ET
Paulson & Co. has become the latest U.S. hedge fund to plot its entry into the Asia-Pacific region.
The firm's Paulson Asia affiliate was awarded a Hong Kong securities license on Feb. 21, the city's Securities and Futures Commission said. Such a license is necessary to trade on Hong Kong's financial markets.
Paulson's SFC filing shows that Paulson Asia has made at least three hires for its new office: Xiaoli Deng, Sandra Lee and Winnie Wong, all formerly of Morgan Stanley.