Multistrategy platforms Citadel and Dymon Asia Capital are accelerating their hiring efforts in Asia, signaling renewed confidence in the region’s financial markets. The hiring spree reflects a broader trend of hedge funds increasing their presence in Asia, in light of improving market conditions and investor interest. View the full story on Bloomberg here: Citadel and Dymon Ramp Up Asia Hires…
Our founder and Chief Investment Officer, Danny Yong, sat down with Bloomberg reporters to discuss how he bounced back from a three-year stretch of underperformance to set up an Asia-focused, multistrategy platform designed to be a “money-making machine” – one where, instead of being the main risk-taker, he instead plays the role of a coach, getting the most out of…
HONG KONG, Dec 5 (Reuters) – Singapore’s Dymon Asia Capital has opened its first office in the Middle East to capitalise on the time zone and capture more investment talent in that region, the hedge fund manager said. The Dubai office, which the $3 billion multi-strategy hedge fund opened in November, is the fund’s ninth globally, and came after it…
Hedge fund firm Dymon Asia Capital is expanding in Hong Kong’s central business district, at a time when the city is seeing record premium office vacancies and declining rental rates. Dymon has signed a lease for a 7,000 square-foot (650 square-meter) office in Edinburgh Tower in the Landmark commercial complex owned by Hongkong Land Holdings Ltd., said Kenneth Kan, Singapore-based…
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…
HSBC announced its facilitation of the first Standardised Bond Forward (SBF) trade for an offshore investor in the China Interbank Bond Market (CIBM), becoming the first onshore bond settlement agent to enable foreign investors to complete such a transaction. Read the full article here. Source: Finadium ©. Permission required for reproduction.
Episode 4 of Perspectives our dedicated series where AIMA, in partnership with KPMG, speaks to alternative investment industry leaders from around the world continues with Mark Wong, Co-CEO, COO and CRO of Dymon Asia. Read the full article here. Source: AIMA ©. Permission required for reproduction.
Singapore hedge fund Dymon Asia Capital has hired 24 portfolio managers over the past year including ex-Goldman Sachs Group Inc. managing director Jaewon Yu as it prepares to raise $1 billion in fresh funds. Read the full article here. Source: Bloomberg ©. Permission required for reproduction.