32 0

LONDON (Reuters) - London-based hedge fund manager Glen Point Capital, which raised cash from billionaire George Soros, has opened an office in New York, three sources with direct knowledge of the matter said. FILE PHOTO: Business magnate George Soros arrives to speak at the Open Russia Club in London, Britain June 20, 2016. REUTERS/Luke MacGregor/File Photo. Co-founder Jonathan Fayman will be re-locating to the global macro, emerging markets-focused hedge fund firm’s new office, the sources said. Hedge funds, which tend to be based in global financial centers such as New York and London, hit their stride this year, generating strong gains and pushing assets to record levels. Glen Point wi... Full story

7 December