European hedge fund giant Winton Capital is planning to open a U.S. office in the summer.
The Wall Street Journal reported that the London-based firm’s new office will be based in New York, which will initially only house a handful of marketing staff. The U.S. office is also part of Winton’s broader global expansion plan to launch locations in Japan and Australia.
Winton already has additional offices in Oxford, Hong Kong and Zurich.
Launched in 1997 by David Harding, Winton Capital is one of the largest hedge fund firms in the world with $25 billion in AuM.