Reuters – S.A.C. Capital Advisors, one of the world’s biggest and most successful hedge fund firms, is expanding its Asian operations by opening a new office in Singapore amid strong industry investment returns across the region.
Two portfolio managers will be working in the Singapore office, according to a source close to the matter. In total, SAC employs 79 discretionary long/short equity portfolio teams, 10 of which concentrate on Asia/Emerging Markets.