JPMorgan Concentrates China Quant Team in Singapore and Hong Kong

JPMorgan has relocated over 30 quantitative researchers from mainland China to Singapore and Hong Kong in recent months. About 25 to 30 people went to Singapore, while around 6 went to Hong Kong; the company stated this is to centralize the team in regional hubs closer to business units. Market mechanisms reflect the consolidation of quantitative research and electronic trading capabilities in hubs like Singapore, benefiting regional execution and client coverage, while putting pressure on the organizational model dispersed within a single market. Source: Public Information