Two equity-markets veterans have combined to build a new Asia-focused hedge fund. Andrew Cormie, former managing director for the equity business at JPMorgan Asset Management in London, and Leon Christiankis, most recently managing director for equity derivatives trading at Deutsche Bank Australia, have established Voyager Funds Management in Australia.
Voyager plans to open the Voyager Pan Asia Fund on July 1. It will start with assets of A$10 million $7.48 million, rising to an initial target of A$150 million before a soft close, before aiming at A$500 million as the next step. In the near future, the partners want to launch a US dollar-denominated fund as well.
The fund will run maximum bet...
¬ Haymarket Media Limited. All rights reserved.