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US hedge fund manager comes to London

Fed up with working a night shift in Chicago, Castle Creek's European credit market traders have persuaded their employer to open a London office

A US hedge fund manager has set up shop in London after sensing a "compelling" set of investment opportunities in the European fixed income market.

Castle Creek Arbitrage, a Chicago hedge fund manager that has been trading since 2002, gained authorisation from the UK's Financial Services Authority in October.

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