Singaporean fund manager, Straits Lion Asset Management, has joined forces with Fairfield Greenwich Group, a $7 billion US-based alternative investment house, to create and distribute hedge fund products in Asia.
Straits Lion, which is 80% owned by Great Eastern Holdings, is one of Singapore's largest fund managers with $9.5 billion in assets under management.
The joint venture company, Fairfield Straits Lion FSL, is 65% owned by Straits Lion and 35% owned by Fairfield Greenwich Limited FGL, part of Fairfield Greenwich Group.
FSL aims to market Fairfield's existing suite of alternative investment products to Asian investors, and also to develop new hedge fund products through investments in...
