Myriad, Led By Ex-Highbridge Asia Head, Nears US$3B

May 30 2014 | 12:27pm ET

Investors are rewarding former Highbridge Capital Management Asia chief Carl Huttenlocher for his double-digit gains last year.

Huttenlocher’s Myriad Asset Management is nearing US$3 billion in assets under management. The Hong Kong-based firm opened the year with US$2.4.

Most of the growth has been through inflows; its 20% return in 2013 notwithstanding, Myriad is essentially flat this year, Bloomberg News reports.

Myriad debuted two-and-a-half years ago with US$300 million. At the time, Huttenlocher said he would close the fund to new money when it grew to US$2 billion; according to Bloomberg, he is expected to restrict new capital soon.


In Depth

Q&A: Fund Administration Comes To The Cloud

Jul 14 2017 | 7:23pm ET

The fund administration sector has been steadily implementing new technology, such...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Rastegar: PE Real Estate Gains Momentum as Uncertainty Rises

Jul 21 2017 | 6:04pm ET

The steady march of equity markets and fundamental shift in the direction of Fed...

 

From the current issue of