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3 More Global Hedge Funds Expanding to HK: Wire
Three more global hedge funds are expanding to Hong Kong, including the US multi-strategy firm Hudson Bay Capital Management LP, UK credit asset management firm Sona Asset Manageme...
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Three more global hedge funds are expanding to Hong Kong, including the US multi-strategy firm Hudson Bay Capital Management LP, UK credit asset management firm Sona Asset Management, and New York-based Centiva Capital LP, all establishing a foothold in the city, Bloomberg, quoting informed sources, reported.

Hudson Bay manages around US$20 billion in funds and registered an entity in Hong Kong in early October 2024, according to government records. Sona primarily engages in public and private credit in Europe, managing US$10.1 billion in assets.

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In addition, Centiva Capital, which expanded its business to Singapore three years ago, obtained a regulatory license to set up a Hong Kong office at the end of November 2024, according to the website of the Hong Kong Securities and Futures Commission.

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