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We are Dymon Asia

ABOUT US
About

About

Founded in 2008, Dymon Asia Capital is a leading Asia focused alternative investment management firm based in Singapore. The firm manages strategies across public and private markets in Asia and globally.

Accolades

The Dymon Asia Macro Fund was ranked in the top 50 by Bloomberg Magazine in 2016’s Top-Performing Funds with assets over US$1 billion.
The Dymon Asia Macro Fund ranked amongst the top ten hedge funds globally in 2011 and in 2014.

Funds

Dymon Asia Capital currently manages 10 funds with over 160 professional staff across the various investment strategies: Macro, Multi-Strategy, Equity Long Short and Private Equity.

About
Businesses

BUSINESSES

Macro Strategies

Macro Strategies

Macro Strategies are the core of Dymon Asia’s business and represent the majority of the firm’s assets under management. The Dymon Asia Macro Fund (DAMF) is a discretionary global macro hedge fund trading highly liquid instruments including Asian and G10 currencies, interest rates and futures.

Multi-Strategy Investment Fund

Multi-Strategy Investment Fund

The Dymon Asia Multi-Strategy Investment Fund seeks to generate absolute consistent uncorrelated returns with 5% volatility by allocating capital to a diversified group of dedicated PM specialists across different asset classes which include FX, Fixed Income/Rates, Equities, Credit and Commodities. Notional capital will be allocated to the respective PMs each of whom has a designated area of expertise. The structure is designed to generate alpha from multiple sources by having no significant overweight allocation to any individual PM.

Businesses
Partners

PARTNERS

Dymon Asia is proud to be majority owned by partner employees.

DANNY YONG: CHIEF INVESTMENT OFFICER AND FOUNDING PARTNER

Danny Yong is the Chief Investment Officer and a founding partner of Dymon Asia Capital, and has over 24 years of experience trading FX, fixed income, and index futures in Asia. Before Dymon, he was a founding partner and CIO of Abax Global Capital, a hedge fund based in Hong Kong. Previously a Managing Director at Citadel Investment Asia, he established and ran the Asia Macro trading business from 2005 to 2007. Prior to Citadel, he was Head of Trading for South East Asian FX and Derivatives at Goldman Sachs, where he spent almost six years in its Hong Kong and Tokyo offices. Danny started his trading career at JP Morgan in 1997 as a FX currency and interest rate derivatives trader.

DAVID CHAN: HEAD OF FIXED INCOME, CURRENCIES, COMMODITIES AND CREDIT

David Chan is the Head of Fixed Income, Currencies, Commodities, and Credit at Dymon Asia Capital. He has over 28 years of experience trading FX, fixed income and index futures in Asia. Prior to Dymon, he was Head of Asia Pacific Foreign Exchange Trading and Head of Macro Trading for Asia Pacific ex Japan at Goldman Sachs. At the firm, he was also a member of the Asia Pacific Securities Division Operating Committee, and the Asia Pacific Risk Committee whilst simultaneously serving on the Board of Goldman Sachs International Bank. Before his tenure at Goldman Sachs, David was a Vice President and Head of Interest Rate Management Group at Chemical Bank/CHASE Manhattan Bank in Hong Kong from 1994 to 1998. He started his investment career at Citibank as a bond trader in 1992.

JAY LUO: PRESIDENT

Jay Luo is President of Dymon Asia Capital. Prior to Dymon, he was a Managing Director, Head of Asia Pacific for S.A.C. Capital Advisors (Hong Kong) Limited. He managed S.A.C Group’s activities in the Asia Pacific Region, which consisted of various portfolio management teams in Hong Kong, Singapore, Beijing, and Tokyo. Before his relocation to Hong Kong in 2007 to build S.A.C Group’s presence in Asia, he was a senior member of S.A.C’s risk management team in Stamford, Connecticut.

KEITH TAN: CHAIRMAN, INVESTMENT COMMITTEE OF DYMON ASIA PRIVATE EQUITY AND FOUNDING PARTNER

Keith Tan is Chairman of the Dymon Asia Private Equity Investment Committee and a founding partner of Dymon Asia Capital. Prior to Dymon, he was a Director at Abax Global Capital, a hedge fund based in Hong Kong, where he originated, structured and executed investment transactions across Asia for Abax’s special situations funds. During his career, Keith was also member of the Executive Committee of Standard Chartered Bank (China) and Branch Manager of Standard Chartered Bank’s Shanghai Branch.

KEN TONKINSON: CHIEF OPERATING OFFICER AND HEAD OF INVESTOR RELATIONS (PUBLIC MARKETS)

Ken Tonkinson is the Chief Operating Officer and Head of Investor Relations for the Public Markets business at Dymon Asia Capital. He has more than 20 years of industry experience. Before joining Dymon in 2015, he was Regional CFO at Fortress Investment Group in Singapore. Prior to Fortress he was Director of Administration and Compliance Officer at Pyramis Global Advisor as well as Director of Operations and Compliance Officer at Concordia Advisor. He started his career as Account Manager at Hemisphere Management Ltd, Bermuda.

KWANG HUI LIM: SENIOR PORTFOLIO MANAGER AND MANAGING PARTNER

Kwang Hui Lim is Senior Portfolio Manager and managing partner of Dymon Asia Capital. He has over 33 years of experience trading FX, fixed income, and index futures in Asia. Prior to Dymon, he was a Director (Global Finance and Foreign Exchange) at Deutsche Bank, Singapore. During his tenure at the firm, Kwang Hui was also Head of Deutsche Bank’s foreign exchange spot trading business in Singapore and Tokyo and was also responsible for managing currency risks flowing through Deutsche Bank’s proprietary e-trading platform in the Asia Pacific Region. He started his career with JP Morgan, Singapore in 1987 and became Head of Currency Trading in Asia of JP Morgan’s Foreign Exchange Group.

MARK WONG: CHIEF OPERATING OFFICER AND CHIEF RISK OFFICER

Mark Wong is Chief Operating Officer and Chief Risk Officer of Dymon Asia. Prior to Dymon, he was the Co-Head of Linear Foreign Exchange and Rates trading in Asia at Deutsche Bank in Singapore. Mark managed a team of traders across Asia, and was responsible for the market making franchise covering both onshore and offshore foreign exchange and rates markets. He was an Executive Committee member of Deutsche Bank’s Global Finance and Foreign Exchange division. Mark enjoyed a 17-year tenure at Deutsche Bank, starting as fixed income trader in London, before moving to Singapore to continue his trading career in the Asian local currency markets.

SHAWN YUAN: PORTFOLIO MANAGER FOCUSING ON CHINA RATES AND MANAGING PARTNER

Shawn Yuan is a Senior Portfolio Manager and managing partner at Dymon Asia Capital.

He is also the Chief Investment Officer of Dymon Asia China Absolute Return Bond Fund. Prior to joining Dymon in 2013, Shawn was Head of China Rates and Credit Trading at Standard Chartered Bank in Shanghai. In that role, he primarily traded China’s cash bonds, FX, interest rates derivatives and FX derivatives. Shawn started his career when China liberalized its interest rate and FX markets in the mid 2000s.

Partners
newsroom

Newsroom

How central banks beat back the ‘bond vigilantes’

Sticky PostOn April 1, 2020

Unlimited bond buying has made it near impossible for investors to punish overspending

“Are Treasuries and JGBs going to blow up? It may happen in our lifetime, but it’s not a trade I’m going to spend much time on right now,” said Danny Yong, founding partner of hedge fund Dymon Asia Capital.

Read the full article here.

Source: Financial Times ©. Permission required for reproduction.

Fed’s biggest intervention yet lifts market hopes

Sticky PostOn March 24, 2020

The Fed’s actions are “mind-boggling”, said Danny Yong, founder of billion-dollar hedge fund Dymon Asia Capital, because he believed the worst of COVID-19 could be behind financial markets. 

Read the full article here.

Source: Australian Financial Review ©. Permission required for reproduction.

View All
newsroom
Community

Community

Dymon Asia Capital recognizes the importance of contributing to the community it operates in. We support the causes of Education, Elderly and Youth. We partner with voluntary welfare organizations to provide both financial support and volunteer assistance, in the hope of helping the respective organizations deliver more effectively the social impact they set out to achieve.

Dymon Volunteers help deliver packs to over 100 families for Children's Wishing Well under their Food-For-Families program.

Dymon Volunteers help deliver packs to over 100 families for Children's Wishing Well under their Food-For-Families program.

We take part in Saturday afternoon Tea sessions at Kwong Wai Shiu Hospital.

We take part in Saturday afternoon Tea sessions at Kwong Wai Shiu Hospital.

To encourage active aging, Dymon volunteers take ukelele lessons with the elderly at AWWA.

To encourage active aging, Dymon volunteers take ukelele lessons with the elderly at AWWA.

Dymon volunteers and scholars run Character Development classes as part of Chong Pang CC's Football and Study Program.

Dymon volunteers and scholars run Character Development classes as part of Chong Pang CC's Football and Study Program.
Community

Our Offices

Dymon Asia Capital (Singapore) Pte. Ltd.

One Temasek Avenue, Millenia Tower #11-01
Singapore 039192
Telephone: +65 6705 1666

Directions to our office from Singapore Changi Airport
By MRT: Take the East West Line Train from Changi Airport Station (CG2) to Paya Lebar Station (CC9) and change to the Circle Line. From Paya Lebar Station (CC9), take the Circle Line to Promenade Station (CC4) and use Exit B. Millenia Tower is about 50m away. The trip from the airport will take approximately 30 minutes and cost about S$3.
By Taxi: From the taxi stand at the airport, the trip will take approximately 20 minutes and cost about S$20 via the East Coast Parkway Expressway.

Dymon Asia Capital (HK) Limited

Unit 1701, 17th Floor Nexxus Building
No. 41 Connaught Road Central, Hong Kong
Telephone: +852 3742 9666

Dymon Asia Capital (Japan) Limited

FinGate KABUTO, Third Floor
Kabuto-cho Heiwa Building No. 6
6-5, Nihonbashi Kabutocho, Chuo-ku
Tokyo 103-0026, Japan
Telephone: +81 03 3527 2961
Fax: +81 03 3527 2965

Dymon Asia (UK) Ltd

4th Floor, Reading Bridge House
George Street, Reading
Berkshire, England, RG1 8LS

 

DISCLAIMER

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By clicking the “I AGREE” button, you are deemed to be representing and warranting that (1) you have read and understand the information contained in this page and accept the terms and conditions contained herein, (2) the applicable laws and regulations of your jurisdiction allow you to access the information on this webpage, (3) you are duly authorized to access this webpage for the purpose of acquiring information, and (4) you or any other person or entity you represent initiated the discussion, correspondence or other communications with Dymon Asia or its representatives, which resulted in your requesting access to Dymon Asia’s website and the information regarding its funds, and none of Dymon Asia or its representatives at any time directly or indirectly contacted you with respect to the provision of investment advisory services or investment in a Dymon Asia fund prior to such unsolicited initiation of discussions, correspondence or other communications.

The information on this webpage is not intended for persons located or resident in jurisdictions where the distribution of such information is restricted or unauthorized. No action has been taken to authorize, register or qualify any of the Dymon Asia funds or otherwise permit a public offering of any Dymon Asia fund in any jurisdiction, or to permit the distribution of information in relation to any of the Dymon Asia fund in any jurisdiction.

To the best of its knowledge and belief, Dymon Asia considers the information contained herein as accurate as at the date of publication. All information and opinions in this webpage are subject to change without notice. No representation or warranty is given, whether express or implied, on the accuracy, adequacy or completeness of information provided in the website or by third parties. The materials in this webpage could include technical inaccuracies or typographical errors, and could become inaccurate as a result of developments occurring after their respective dates. Dymon Asia undertakes no obligation to maintain the currency of such information. Any links to other websites contained within this webpage are for the convenience of the user only and do not constitute an endorsement by Dymon Asia of these websites. Dymon Asia is not responsible for the content of other websites referenced in this webpage. Neither Dymon Asia nor its affiliates and their respective shareholders, directors, officers and employees assume any liabilities in respect of any errors or omissions on this webpage, or any and all responsibility for any direct or consequential loss or damage of any kind resulting directly or indirectly from the use of this webpage. Unless otherwise agreed with Dymon Asia, any use, disclosure, reproduction, modification or distribution of the contents of this webpage, or any part thereof, is strictly prohibited. Dymon Asia expressly disclaims any liability, whether in contract, tort, strict liability or otherwise, for any direct, indirect, incidental, consequential, punitive or special damages arising out of, or in any way connected with, your access to or use of this website.

This webpage is not an advertisement and is not intended for public use or distribution. This website has been prepared for the purpose of providing general information only without taking account of any particular investor’s objectives, financial situation or needs and does not amount to an investment recommendation. An investor should, before making any investment decision, consider the appropriateness of the information in this website, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. In all cases, anyone proposing to rely on or use the information contained in the website should independently verify and check the accuracy, completeness, reliability and suitability of the information. The information contained in this webpage does not constitute financial, investment, legal, accounting, tax or other professional advice or a solicitation for investment in Dymon Asia’s funds, nor does it constitute an offer for sale of interests issued by funds that are managed or advised by Dymon Asia. Any offer can only be made by the relevant offering documents, together with the relevant subscription agreement, all of which must be read and understood in their entirety, and only in jurisdictions where such an offer is in compliance with relevant laws and regulatory requirements.

Simulations, past and projected performance may not necessarily be indicative of future results. Figures may be taken from sources that are believed to be reliable (but may not necessarily have been independently verified), and such figures should not be relied upon in making investment decisions. Dymon Asia, its officers and employees do not assume any responsibility for the accuracy or completeness of such information. There is the risk of loss as well as the opportunity for gain when investing in funds managed or advised by Dymon Asia.

Dymon Asia Capital (Singapore) Pte. Ltd. holds a capital markets services licence for the provision of fund management services to eligible investors and is an exempt financial advisor pursuant to paragraph 23(1)(d) of the Financial Advisers Act (“FAA”).  Accordingly, this website and its contents is permitted only for the use of persons who are “institutional investors” or “accredited investors”, each within the meaning provided in the Singapore Securities and Futures Act (Cap.289); “professional investors” within the meaning provided in the Hong Kong Securities and Futures Ordinance; or the equivalent class of “accredited investor” or “professional client” under the laws of the country or territory of such person. As an “institutional investor” and/or “accredited investor” certain disclosure requirements under the FAA in relation to the contents of this website would not apply to you as a recipient. The products and services described in this website are available to such aforementioned categories of persons only. None of the contents of this website have been approved or endorsed by the MAS or any other global regulator.

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