"Algebris To Open Asia Office In Hong Kong Or Singapore | AboutHK.Com - More Information About HK"
The latest hedge fund mulling an Asian office is Algebris Investments, the London-based financial-focused shop.
Top officials from the $1.6 billion hedge fund scouted the region earlier this year, Reuters reports. The firm is choosing between Hong Kong and Singapore for its Asia base.
A slew of western hedge funds, including GLG Partners, Maverick Capital, Moore Capital Management, Stark Investments and Viking Global Investors have opened, or are planning to open, offices in Asia.