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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
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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