Strategy

US Hedge Fund Silent Over Plans To Open London Office - Report

Robbie Lawther Reporter 8 June 2018

US Hedge Fund Silent Over Plans To Open London Office - Report

The firm has reportedly hired a team of three for its new London base and plans to add more staff.

US hedge fund Hudson Bay Capital has declined to comment on reports that the firm is opening an office in the UK to expand its European trading book.

According to reports, Hudson Bay, which runs $2.8 billion in assets across equity, credit and other areas, has hired a team of three for its new London base and plans to add more staff.

Hudson Bay has hired Evan Pearce. He joins as a portfolio manager and previously held roles at Pictet Asset Management and Edoma Partners, Reuters said.

Paul Godfrey, formerly of Pine River Capital, joins as a portfolio manager. Paul Murrell, who worked at Pinyon Asset Management and Sandell Asset Management, has been appointed as a senior analyst.

It seems that Britain’s departure from the European Union is not putting off US-based firms. According to Preqin data, more than 211 US-based hedge funds already have British bases.

 

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes