A Singapore hedge fund is offering a relatively rare, client-friendly fee structure for investors as capital inflows for the industry slow and higher interest rates enhance the appeal of cash. Dymon Asia Capital is creating a new share class as part of a $1 billion fundraising for its multi-strategy hedge fund, which includes a so-called hurdle rate. This means it…
Dymon Capital Asia has boosted its investment team with two portfolio managers as it seeks more Japan-related exposure. Millennium PM Hirofumi Hoshika joined in Tokyo in January while former Sumitomo PM Junya Sato joined the team this month. Japan-focused PMs now account for about 20% of total PMs in Dymon’s offices across Asia, while Japan strategies contributed about 25% of…