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Only 62 new hedge funds launched in Asia last year, the lowest since number since 2009 and just 15 were China-focused funds, data provider Preqin said. But Japan-focused funds more than... -February 28, 2024 at 09:44 pm EST - MarketScreener
Torq, which was seeded by Alibaba co-founder Joe Tsai’s family office, managed more than US$1.5 billion at its peak. Founder Avinash Abraham will join Citadel’s Asia fundamental equities team as portfolio manager.
Funds run by individual managers outperformed computer-driven rivals in 2023
(Bloomberg) -- Several hedge funds in Asia are starting to mimic global giants like Citadel and Millennium Management by charging clients additional fees to cover costs ranging from employee compensation to life insurance in a bid to lure top talent.Most Read from BloombergSam Altman, OpenAI Board Open Talks to Negotiate His Possible ReturnBinance Pleads Guilty, Loses CZ, Pays Fines to End Legal WoesNvidia Fails to Satisfy Lofty Investor Expectations for AI BoomOpenAI in ‘Intense Discussions’ to
After months of steering clear of China, global asset managers and hedge funds say they are seeing tentative signs of a recovery on the mainland and value in the country’s depressed stock markets.