Two Sigma seeking $180m for managed futures product

Discussion in 'Financial Futures' started by ajacobson, Jun 21, 2022 at 11:54 AM.

  1. ajacobson

    ajacobson

    Two Sigma seeking $180m for managed futures product
    SUBMITTED
    21/06/2022 - 11:16AM
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    US quant investment firm Two Sigma Investment's China private fund business – the Chinese equivalent of a hedge fund – is seeking to raise about RMB1.2 billion ($180 million) for its managed futures product, according to a report by Bloomberg.


    The move comes on the back of an annualised 22 per cent gain for the fund, which launched two years ago and invests in commodities and financial futures, and would add significantly to the RMB3.8 billion in assets the firm has pulled in since early 2020.

    The report also cites unnamed sources as revealing that Shanghai-based Two Sigma also has plans to double its local staff to more than 20 people this year.
     
  2. RedDuke

    RedDuke

    Job well done