People Moves

Pharo forays into Asia via Hong Kong


Pharo Management, the $3.3 billion emerging markets and global macro specialist, is planning the launch of a fully fledged trading operation in Hong Kong and is in the process of relocating two of its London portfolio managers.

The firm aims to initially employ about seven people in the office, which would be fully integrated into Pharo’s other investment operations, located in London and New York, according to Peter Fegelman, the firm’s head of marketing and investor relations.