Winton Capital, the European hedge fund firm, is planning to hire up to 100 staff and open new offices in New York, Tokyo and Sydney by the end of this year.
As part of its expansion drive, the firm is also planning to launch five new funds including two long-only equity mutual funds targeting US investors and two funds targeting European investors, according to The Wall Street Journal.
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According to the firm’s founder, David Harding, the hedge fund will hire sales people, researchers and data analysts and expects to make further hires in 2015.
Additionally, Winton Capital is expecting to launch further more funds in 2015.
Recently, David Harding has been appointed as new chief executive role and executive chairman replacing Tony Fenner- Leitão, wo has left his role at the firm.
Harding said that the new offices will be employed by both sales people and researchers.
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By GlobalDataHarding added that the firm has reported £154 million ($258 million) in net income last year on revenue of £324 million.
