People Moves

Soros arrives in Asia with launch of new Hong Kong office

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George Soros’ $27 billion Soros Fund Management has opened in Hong Kong, where the firm is thought to have relocated fund managers James Chang and Dai Jixin, who were previously based in the New York headquarters.

Chang, a former Tiger Asia Management managing director, joined Soros Fund last year. Meanwhile, China-born Dai has worked for the firm for 10 years.

Leading global hedge funds have been establishing Asia Pacific outposts over the past year, with Moore Capital, GLG, Maverick, Viking, Titan, Jane Street, Renaissance and Pharo Management opening offices in Hong Kong, while Fortress Investment, Algebris Investments, Artha