Huttenlocher’s Myriad set for December launch following SFC go-ahead

Tue Nov 29, 2011

Carl Huttenlocher
Hong Kong’s securities regulator, the Securities and Futures Commission, has given the go-ahead for former Highbridge man Carl Huttenlocher’s multi-strategy Asia-focused Myriad Opportunities Fund to launch in December.

The regulator decided that accusations that had reportedly been levelled by an anonymous complainant against the trader during his stint at Highbridge Capital Management, where he was formerly the firm’s head for Asia, were "baseless".

The launch is one of the most hotly-anticipated for the hedge fund industry in the Asia Pacific region this year, given Huttenlocher’s track record at Highbridge – where, during a nine-year run, he delivered on average double-digit yearly returns for investors.

Myriad will start trading with more than $300...

ISSN: 2151-1845 / CDC10004H

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