Hedge Fund Feud Over China Quant Trader Shows Growing Talent War
- Shanghai Ruitian is suing Zhejiang High-Flyer Asset Management
- Case centers on alleged “infringement on technology secrets”
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Two of China’s best-known quantitative hedge funds are embroiled in a court dispute that centers on the hiring of a trading strategist to a rival firm, a sign of intensifying competition for the industry’s top talent.
Shanghai Ruitian Investment LLC is suing Zhejiang High-Flyer Asset Management and its associated companies over a potential “infringement on technology secrets,” according to court documents.