Reuters – Goldman Sachs-linked Capula Investment Management is expanding its $13 billion (8 billion pound) business into Hong Kong, according to sources, becoming the latest major investor to jump into the region where hedge fund players are a small but growing part of the market.
While thousands of hedge funds across the globe manage nearly $2 trillion in assets, relatively few have so far established a large presence in Asia, despite the region’s rapid economic growth in the last five years.