Dymon taps macro duo from Astignes, Southern Ridges

April 4, 2025

Dymon Asia has appointed a pair of macro portfolio managers to its multi-strategy platform in Singapore.

Saleh Zaidi has been recruited from Astignes, while Akshat Sinha joined from Southern Ridges. They are among eight new PMs Dymon has hired so far this year.

Former Morgan Stanley rates and FX trader Bret Tobinsky joined in February as a relative value macro PM, also based in Singapore.

The total number of PMs at Dymon now stands at around 70, with 35% of those focused on macro.

The firm told With Intelligence it aims to grow the flagship multi-strat fund to $4.5bn. It had $3bn at the end of 2024.

The fund was up 1.3% in March, taking YTD gains to 2.8% with macro, relative value and equities the main contributors.

The strategy rose 12% in 2023 and 17% last year.

Zaidi leaves Astignes after more than four years, joining in 2020 following more than 15 years at various securities firms, including RBS, Citi and Nomura.

Sinha exited macro hedge fund Southern Ridges after more than five years.

Dymon declined to comment.

October 6, 2025

Dymon Digs Into the Hedge Fund Talent War

President and co-Head of Equities Jay Luo joined Bloomberg’s Asia Centric podcast to discuss Asia’s multistrategy hedge fund landscape and what it takes to build and sustain a high-calibre investment platform that nurtures top talent.

August 6, 2025

Citadel and Dymon Ramp Up Asia Hires as Regional Funds Find Favor

Multistrategy firms Citadel and Dymon Asia Capital are ramping up hiring in Asia, reflecting growing confidence in the region’s markets and a broader hedge fund push amid improving conditions and rising investor interest.

June 24, 2025

Star Trader Who Lost His Touch Bounces Back as Hedge Fund Coach

Dymon’s Founder and CIO, Danny Yong, told Bloomberg how he rebounded from setbacks to build an Asia-focused, multistrategy “money-making machine,” shifting from risk-taker to coach to empower his portfolio managers.

April 28, 2025

Dymon taps ex-Millennium PM as linear equity RV head

Dymon Asia has hired ex-Millennium PM Shao Ying as Head of Linear Equity Relative Value, continuing its recent expansion with several new portfolio manager hires.

April 3, 2025

Balyasny Tops Millennium and Citadel During February Turmoil

Balyasny led top hedge funds in February with a 0.9% gain, outperforming Citadel and Millennium as U.S. stocks fell and Asian and European markets rose.

March 28, 2025

Hedge Fund Dymon Hires Ex-Singapore Exchange Senior Executive

Dymon Asia has hired ex-SGX executive Lee Beng Hong as partner to lead treasury, trading, and tech. The move supports the fund’s continued regional expansion and strategic growth.