Two Sigma Ramps Up China Hedge Fund Push After 22% Return

Two Sigma Investments is stepping up its bid to tap the wealth of Chinese investors by asking them for a fresh round of cash for its outperforming fund and expanding local headcount.

The US quant giant’s China private fund business -- the local equivalent of a hedge fund -- is seeking to raise about 1.2 billion yuan ($180 million) for its managed futures product..