Point72 plans to hire more staff in Singapore

Hong Kong

STEVEN A Cohen's Point72 Asset Management plans further hires in Singapore after recruiting nine people in the republic this year, as it expands in a region where rivals have pulled back.

This year's additions helped boost Point72's Singapore employees to 27, from 14 in March 2015, Chris Coward, chief of the office and head of risk for the firm's international business, said on Monday.