$1.5 billion hedge fund closes Singapore office

HFMWeek.com, 14 Dec 2011
Capstone Investment Advisors, the New York-based $1.3bn global volatility hedge fund manager, has ended its presence in Singapore in an effort to centralise its trading in both New York and London, HFMWeek has learned.
According to a source familiar with the firm’s plans, of the six employees based in Singapore, predominantly traders, three have relocated to London while the remaining three will pursue other opportunities in the region. Full story

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