Wednesday, 26 November 2014
Last updated 6 hours ago
Aug 22 2013 | 12:39pm ET
Two top Millennium Management executives are planning Asia's largest-ever hedge fund launch—with some help from their current employer.
Feng Guo, a Millenium portfolio manager, and Michael Robinson, the firm's Asia regional manager, will launch Hong Kong-based Symmetry Investment Management in Q1 2014, reports Reuters, citing people with knowledge of the plan.
The fixed-income shop will launch with an estimated $1.4 billion -- $1.2 billion of which is expected to come from Millenium, the other $200 million from external investors.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...