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Retired trader launches futures hedge fund

A former proprietary trader has left his retirement after six years to launch a hedge fund he says could reach $500m (€400m).

Jin Khang, who retired from proprietary trading in 1998 after a career at Kidder Peabody, Fuji Bank and Korea Exchange Bank, has put $5m of his own money into a managed futures hedge fund that he will run from Opus Prime Capital, his new firm in London.

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