Point72 Eyes Further Singapore Hires After 9 Recruits in 2016
- Firm nearly doubled Singapore staff to 27 since March 2015
- Point72 has hired more than 35 people in Asia this year
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Steven A. Cohen’s Point72 Asset Management plans further hires in Singapore after recruiting nine people in the city-state this year, as it expands in a region where rivals have pulled back.
This year’s additions helped boost Point72’s Singapore employees to 27, from 14 in March 2015, Chris Coward, chief of the office and head of risk for the firm’s international business, said on Monday. The Stamford, Connecticut-based family office, which oversees $11 billion, employs fund managers, analysts, quantitative developers and risk researchers in Singapore, he added on the sidelines of a ceremony to mark the relocation to a new office that can house 60 employees, double the previous capacity.