Monday, 3 August 2015
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…