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Ex-BofA Trader Is on a Hiring Spree for a New Quant Fund in Korea

  • Kwon says talent is much cheaper in Seoul than New York
  • Firm concentrates on U.S. stocks, foreign currencies, crypto
Photographer: SeongJoon Cho/Bloomberg
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After working as a high-frequency trader for six years in New York, Kwon Yong-jin returned to his home country South Korea, sensing opportunity in a place where quantitative investing is in its early stages.