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

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

Analyzing The Digital Footprint: What Operational Data Can Tell You About Future Risk

Mar 30 2017 | 3:38pm ET

Advances in technology and increasing operational complexity in search of higher...

 

From the current issue of