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Dymon Asia hedge fund to raise US$600m in equity expansion

Move comes as funds betting on rising and falling stocks in Asia have gained more than 12 per cent this year

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The Dymon Asia Equity Fund oversees more than US$400 million, made up of mostly internal capital and money from Singapore state-owned investment company Temasek Holdings Pte.

Hong Kong

DYMON Asia Capital (Singapore), the hedge fund manager that made its name betting on macro-economic themes, plans to raise an additional US$600 million for a stock fund as it expands its equity business, said President Jay Luo.

The Dymon...

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