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Hedge fund Elliott Administration to shift operations to London and Tokyo because it closes its Hong Kong workplace – NEWPAPER24

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Hedge fund Elliott Administration to shift operations to London and Tokyo because it closes its Hong Kong workplace

2021-01-20 03:39:44

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Paul Singer’s Elliott Administration plans to shut its Hong Kong workplace and shift its remaining employees to Tokyo and London, one of many largest monetary corporations to exit town amid the worst recession on file.The US hedge fund has been winding down its operations within the metropolis for a number of years and stopped funding actions in Hong Kong at first of the 12 months, in response to individuals aware of the matter, who weren’t authorised to debate the matter publicly. It has fewer than 20…

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