Dymon Asia Capital has increased its assets under management (AUM) to around $1 billion after its Asian macro fund outperformed, Bloomberg reports. The Singapore-based firm also runs the Dymon Asia Currency Value Fund that is open to existing investors of its macro fund.
Dymon Asia Capital’s CEO Danny Yong previously established and managed Citadel’s Asia macro trading business. The firm has joined Senrigan Capital Group and Azentus Capital Management in the expanding pool of billion-dollar hedge funds in Asia this year.
Click here for the story from Bloomberg.