Bloomberg – William Lee, who led JPMorgan Chase & Co. (JPM)’s Asia-Pacific equity derivatives business, plans to start his own hedge fund this year that will exploit mispricing in the region’s derivative markets and broad economic trends.
Lee, 40, plans to start trading for the relative-value hedge fund as early as November, he said in a telephone interview. The fund will seek to profit from securities whose prices may have deviated from their fundamental values because of regulatory restrictions and the different trading behaviors of institutional versus individual investors.
