Stanley Ku, former Hong Kong head of Fortress Investment Group is launching Complus Asset Management, Reuters reports. The new firm has also received an asset management license in Hong Kong from the Securities and Futures Commission for the same. Ching Kam, who earlier worked at New York and Singapore-based Alphadyne Asset Management, will join Ku in the new firm. Ku had earlier set up Minerva Capital Management, which it closed last year.
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