Nov
11

Former Societe Generale Traders Said to Start New Hedge Fund

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  • Fund to trade Asian, emerging-markets securities from Nov. 30
  • Three Stones to focus on relative value and volatility trading

Former Societe Generale SA traders led by Jong Beum Kim plan to start a new hedge fund that will employ several strategies seeking to profit from volatility in Asian markets and exploiting mispricing of related securities, according to people with knowledge of the matter.

The Three Stones Asian Multi-strategy Fund is scheduled to start trading on Nov. 30, said the people who asked not to be identified as the information is private. Kim, chief investment officer of Hong Kong-based Three Stones Capital, will manage it with Sebastien Cerbourg. Another fund manager, Alexandre Avanian, will join later. All three worked for the French bank…

Former Societe Generale Traders Said to Start New Hedge Fund

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