London hedge fund Aspect Capital explores fund business in China – sources ...Middle East

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London hedge fund Aspect Capital explores fund business in China – sources
A man walks in the Central Business District on a rainy day, in Beijing, China, July 12, 2023. REUTERS/Thomas Peter//File Photo Acquire Licensing Rights HONG KONG, Dec 13 (Reuters) – London-based quantitative hedge fund Aspect Capital will soon apply to qualify to set up shop in mainland China to establish onshore fundraising and offer its products, two sources familiar with the matter said. The hedge fund, overseeing more than $8 billion in asset, is preparing to open a Shanghai office and hired two senior staff in October, according to a third source and LinkedIn profile updates. The move by the computer driven fund giant comes at a time when many foreign investors are retreating

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