Hedge fund RAB restructures in Hong Kong

RAB Capital, which this year took a financial charge in respect of putative restructuring, is now moving forward with implementing that painful strategy, and that translates into focusing on core products, and dealing with a world which requires lower costs, capital preservation and coming to terms with lower assets under management. This has affected the Hong Kong office of the hedge fund. “Some of the envisaged new initiatives need to wait a bit,” says David Seex, CEO of RAB Asia. “…