Former RBC Trader Starts Hedge Fund
Damian Edwards, a former managing director at Royal Bank of Canada is starting an Asian event-drive hedge fund. The hedge fund is called Metrica Partner Pte and it plans to start this month with $25 million.
“The hedge fund is called Metrica Partner Pte and it plans to start this month with $25 million.”
The fund has five staff and will invest half of the money in Japan and the remainder is split between Hong Kong and rest of Asia.
News Source: Bloomberg
About Royal Bank of Canada
The Royal Bank of Canada (NYSE:RY) is one of Canada’s largest banks which serves more than 16 million personal, business, public sector and institutional clients through offices in Canada, the U.S. and 37 other countries. Founded in 1864 in Halifax as Merchants Bank, it was incorporated in 1869 and went through several merger and acquisitions activities, including the latest in 1993 when RBC merged with Royal Trust. RBC focuses on five business segments: Personal & Commercial Banking, Wealth Management, Investor & Treasury Services, Capital Markets, and Insurance.
- Origin : Montreal, Canada
- Assets : CAD 1074 billion
- Revenue : CAD 35.32 billion
- Employees : 80,000
Official Website: www.rbc.com
News & Media: Press Release
Updated on 8th August 2016