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
Sat, Oct 21, 2017 - 5:50 AM
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.
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.