Quant Asset Manager GSA Cuts Five Jobs in Its Hong Kong Office

  • Firm laid off four people in Asia discretionary equity trading
  • Fifth person was part of GSA’s alpha capture program in Asia

Hong Kong skyline.

Photographer: Philip Fong/AFP via Getty Images

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GSA Capital Partners LLP, the London-headquartered $7.5 billion quantitative asset manager, has let go of five people in its Hong Kong office, people with knowledge of the matter said.

Four people on a team that handles discretionary equity trading in Asia lost their jobs, as did a person managing investment-bank relationships for GSA’s so-called alpha capture program, one of the people said, asking not to be identified because the details are private.