Bloomberg – Tristan Edwards, a former trader at Brevan Howard Asset Management LLP, has raised seed investment for a hedge fund in Singapore that will invest in Asian stocks based on a short-term trading strategy.
Mosaic Asset Management Pte will start running the strategy on March 1 with about $100 million, part of which is from a joint venture of Woori Absolute Partners and NewAlpha Asset Management to invest in startup hedge funds, said Edward Moon, chief investment officer of Woori Absolute.
