CFM Opens Shanghai Office as Quant Hedge Fund Assets Top $27 Billion
Updated
Updated · Bloomberg · May 12
CFM Opens Shanghai Office as Quant Hedge Fund Assets Top $27 Billion
3 articles · Updated · Bloomberg · May 12
$27 billion quant hedge fund CFM has opened a Shanghai office, giving the French firm a direct base in China’s markets.
The new outpost in Citigroup Tower opened earlier this month and starts with two staff focused on data and engineering to improve CFM’s trading in Chinese markets.
Philippe Jordan said the move is meant to strengthen the firm’s ability to trade locally as global hedge fund peers also build presences in the world’s second-largest economy.
With capital rotating from the US, does this Shanghai office signal a permanent power shift in global finance?
Can a high-tech hedge fund protect its core data secrets while operating inside China's stringent regulatory firewall?
As China's new security laws challenge Western compliance, can foreign funds truly operate without choosing a side?