Chris Lobello has joined CLSA Emerging Markets from Nomura International HK. At Nomura he held the title of Head of Regional Quantitative Research for ex-Japan Asia. At CLSA he is the Risk and Trading Strategist. He will develop quantitative-based equity trading strategies primarily for CLSA's hedge fund clients.
CLSA becomes the latest firm to target hedge funds, which have seen a massive amount of interest in recent years. Once widely derided for being the cause of collapsing markets, now they are seen as perhaps the only investment product that makes sense while equity markets stagnate and the interest rate environment stays low.
Rob Morrison, CLSA's head of global risk products notes that...