Thursday, January 14, 2010

Soros in China

The move to get in on the China play continues.

Soros Fund Management, billionaire investor George Soros' flagship investment company, is looking to set up an Asia presence in Hong Kong amid a resurgence in the region's hedge fund industry, said a source familiar with the matter, Reuters is reporting.

Bloomberg is reporting that James Chang of Tiger Asia in New York and current Soros manager Dai Jixin were expected to relocate to Hong Kong to open the Soros Fund office.

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