Thursday, 3 September 2015
Last updated 11 hours ago
Dec 4 2009 | 10:20am ET
Hedge fund giant SAC Capital Advisors has opened an office in Singapore, its second in Asia.
The Stamford, Conn.-based firm, which manages about $13 billion, will have two portfolio managers based in the city-state, Reuters reports. The firm already has an office in Hong Kong, as well as offices in New York, Boston, Chicago and London.
Asia is poised to be a major center for hedge fund growth, following the retrenchment or withdrawal of many western hedge funds during the financial crisis. Hedge funds in the region have performed well above-average this year, and a series of new funds focused on the region have debuted.
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…