Reuters- After he resigned as chief investment officer of JPMorgan’s China fund venture last August, Lu Jun was inundated with offers of senior posts at other asset management firms.
But Lu, widely known in the country’s 3.2 trillion yuan ($445 billion) mutual fund industry for his stock-picking skills and aggressive trading style, turned them down for his dream job: running China’s version of a hedge fund.
"I had always hoped to have my own investment company. Chinese financial firms do not value their staff as much as Western firms do," the 35-year-old Lu told Reuters at his office in a brand-new Shanghai skyscraper.
