The $24 billion fund of hedge funds firm is optimistic on Japan and China, and favours emerging market debt over EM equity, says its chief executive.
Tag : isaac souede
Launch of China office to follow merger with fellow fund of hedge fund Fauchier, underlining a growing emphasis on the country’s nascent hedge fund market.
The fund-of-hedge-funds firm appoints Yale professor Zhiwu Chen and ex-ING executive Matthew Yao to senior roles and may double allocations to Asia to target regional growth.
Isaac Souede, chairman of $20 billion fund of hedge funds Permal, says China does not respect the euro and that an American double-dip recession would spark protectionism in the US.
