Citi fund manager quits for hedge fund

James Newman, pillar of the Hong Kong funds community, joins Doric.

James Newman is leaving Citigroup Asset Management to join Hong Kong-based hedge fund Doric Capital, where he starts next month.

With assets under management above $120 million, we were in a comfortable position to look at resourcing to add seasoned investment veterans, says Michael Nock, director at Doric. Jay will be part of a team working with Howard Wong and me. We are also looking to add another analyst. Wong is the firm's CIO, joining from Donaldson, Lufkin Jenrette in New York and Hong Kong.

Newman was senior portfolio manager at Citi, with responsibility for managing all Asia-based institutional global balanced portfolios, including for Mandatory Provident Fund clients. He was...

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