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Hedge Funds Squeezed by World's Highest Rents Are Moving Out | Tony Seruga
May
25

Hedge Funds Squeezed by World’s Highest Rents Are Moving Out

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  • Hong Kong hedge funds are leaving Central as Chinese move in
  • It’s hard to hire top talent if you’re ‘sitting in a shoebox’

Benjamin Fuchs raised eyebrows five years ago when he opened his hedge fund next to a place selling live chickens in Hong Kong’s hustling, bustling Tin Hau neighborhood.

It was akin to choosing Queens over Manhattan in New York — or lowly Croydon over moneyed Mayfair in London.

But nowadays Fuchs is no outlier. He’s part of a swelling exodus of hedge funds from the tony confines of Hong Kong’s Central district, home to luxury landmarks like the Mandarin Oriental hotel…

Hedge Funds Squeezed by World’s Highest Rents Are Moving Out

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