Reuters – London-based FRM Capital Advisors (FCA) expects to seed three to four hedge funds in 2011, one of which could be in Asia, Chief Operating Officer Patric de Gentile-Williams said.
FCA is open to seed managers moving out of proprietary trading desks as Wall Street banks shuts them in light of the “Volcker rule”, which limits the risks banks can take with their own capital in the wake of the global financial crisis.
