In 2018, global hedge fund giant Point72 took out office space on Mona Vale Road opposite the Pittwater RSL on Sydney’s northern beaches. The idea was to set up a base in Sydney and follow the talent: specifically, its top market traders who wanted to swap the hustle of the United States east coast for surf breaks and better coffee.
Today, Point72’s assets have almost tripled to $US36.9 billion ($58 billion) from $US13 billion.
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