Wednesday, 23 July 2014
Last updated 32 min 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…