Friday, 22 August 2014
Last updated 2 hours ago
May 24 2011 | 12:44pm ET
DiMaio Ahmad Capital is the latest hedge fund to set its sights on Asia: The New York-based firm has opened an office in Singapore.
The $3 billion credit shop has registered an affiliate, DA Capital Asia, with Singapore's Accounting and Corporate Regulatory Authority, Bloomberg News reports. The move follows the firm's launch of an Asia-focused managed account for an institutional investor.
In Singapore, DiMaio Ahmad joins newcomers including Fortress Investment Group and Algebris Investments.
Neither of the fund's namesakes are still with the hedge fund: Nasser Ahmad is now with Seatown Holdings, a unit of Singapore sovereign wealth fund Temasek Holdings, while DiMaio had been Morgan Stanley's head of interest rate, credit and currency trading until earlier this year.
Morgan Stanley owns a minority stake in DiMaio Ahmad.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note