Ex-RBC Trader Damian Edwards Starts Asia Event-Driven Hedge Fund
- Metrica Partners to start this month with $25 million in funds
- Edwards sees best opportunities in Japan, Australia, Hong Kong
A tourist takes a photograph of the skyline from the observation deck of the Tokyo Tower at night in Tokyo, Japan, on Wednesday, May 6, 2015.
Photographer: Kiyoshi Ota/BloombergThis article is for subscribers only.
Damian Edwards, a former managing director at Royal Bank of Canada, is starting an Asian event-driven hedge fund to take advantage of a surge in mergers and acquisitions in the region.
Metrica Partners Pte plans to start this month with $25 million, Edwards said in an interview in Singapore. The equity-focused fund has five staff and will invest about half its money in Japan, with the remainder split between Hong Kong and the rest of Asia, he said.