Asia Centric: Does the World Need Another Multi-Strategy Fund?

Launching a multi-strategy hedge fund has never been tougher. Giants such as Millennium, Point72 and Citadel dominate the space, while spiraling pay and a fierce “war for talent” have pushed...

By Clara Chen · Bloomberg

Launching a multi-strategy hedge fund has never been tougher. Giants such as Millennium, Point72 and Citadel dominate the space, while spiraling pay and a fierce “war for talent” have pushed entry barriers higher than ever. So why leave a top role at one of the world’s biggest funds to start a rival?