SAC Hong Kong Vet Wu Readies Volatility Fund

May 31 2013 | 12:21pm ET

A former SAC Capital Advisors trader is planning a volatility hedge fund for launch later this year.

Miaodan Wu has set up Bach Option in Hong Kong. The new firm will launch its maiden fund by the end of the year. It is unclear how much the fund will debut with, or how much Wu hopes to raise in total.


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