Monday, 24 October 2016
Last updated 1 hour ago
Oct 3 2013 | 3:23am ET
UBS's hedge fund unit has launched its first Asia-focused hedge fund and will open it to outside investors later this year.
UBS O'Connor launched the O'Connor Asia Fund in August with internal capital. The fundamental, tactical long/short equity fund is headed by John Bradshaw in Singapore and David Perrett in New York, Bloomberg News reports. All told, the fund's team numbers 10, including a presence in Hong Kong. The group has traded for O'Connor's flagship hedge fund since April of last year.
Bradshaw and Perrett are former members of UBS' proprietary-trading operation, and have worked together since 2005.