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2025-07-30 11:24:02
[Citi: Demand for quantitative funds seeking to enter China's A-shares is growing] Citigroup's regional market head said that it plans to increase the number of employees in Asia's interest rate and institutional brokerage businesses by 5%-10% next year to meet the growing demand from clients, including hedge funds. Paul Smith, head of Japan, North Asia and Australia markets, said that client activity in the Hong Kong market has been active, and pointed out that growth in the institutional brokerage and interest rate departments has been particularly strong. He said that with the rebound in initial public offerings (IPOs) in Hong Kong and mainland China, the bank's hedge fund clients in Asia have doubled in two years. Smith pointed out that there has been a large influx of funds from US hedge funds, and the demand for quantitative funds seeking to enter China's A-shares is also growing.
