SAC Opens Singapore Office

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.


In Depth

Humble in Hofstra...One Debate an Election Can Make

Sep 26 2016 | 10:20am ET

Tonight's U.S. Presidential debate, infamously coined the “Humbling in Hofstra...

Lifestyle

Vortic: Reimagining the Custom Wristwatch

Sep 27 2016 | 7:24pm ET

American watch manufacturer Vortic, which started out restoring antique pocket watch...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...