Ex-JPMorgan Asia Derivatives Chief Plans Hedge Fund

May 2 2012 | 9:29am ET

JPMorgan Chase's former Asian equity derivatives chief will launch his own hedge fund as soon as later this year.

William Lee, who left JPMorgan in February after 17 years with the bank, plans to roll out an Asia-focused relative value fund. The vehicle could debut as soon as November, and will target returns of between 12% and 18% annually.


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