Tuesday, 3 March 2015
Last updated 3 min ago
Apr 13 2012 | 11:11am ET
Another major hedge fund is expanding in Asia. Capula Investment Management will open an office in Hong Kong.
The new office, Capula's fourth, will be fully operational at some point this year, Reuters reports. It won't be the US$13 billion firm's first office in the region—it's already got a base in Tokyo, in addition to its London headquarters and an office in Greenwich, Conn.
Former Bank of America Merrill Lynch executive Antony Hung will head the new office, according to Reuters. Hung was head of wealth management for the Asia-Pacific region at the firm prior to his retirement in 2010.
The new office comes more than two years after Capula won a US$200 million mandate from a Chinese sovereign wealth fund, China Investment Corp.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…