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Global Hedge Fund CFM Lands in Shanghai
13 May
Summary
- Capital Fund Management has established a new office in Shanghai.
- The French hedge fund's presence follows similar moves by peers.
- The new CFM office is located in the Citigroup Tower.
French quantitative hedge fund Capital Fund Management (CFM) has inaugurated a new office in Shanghai.
This strategic expansion into China signifies CFM's ambition to tap into the world's second-largest economy. The firm's decision to establish a physical presence in Shanghai follows similar actions taken by other prominent financial institutions.
The newly opened CFM office is located within the Citigroup Tower. Operations at this Shanghai base officially began earlier this month, according to statements from president Philippe Jordan.
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