Credit hedge fund manager expands international operations

Fixed income credit asset manager BlueBay Asset Management has announced it plans to expand its international operations with the opening of a Hong Kong office. The London-based manager already has offices in the US and Japan and has $40 billion under management as of 31 December.

The office is expected to open officially on 6 April and will be headed by BlueBay’s Asia director, Charmian Wan. Until now BlueBay has run its Asia ex-Japan operations for nearly four years from its London base.

BlueBay was recently acquired by the Royal Bank of Canada and offers two distinct asset management styles to its investors; long-only funds and alternative products.