Fosun fixed income CIO quits to start fund firm

Fosun Group’s head of fixed income investment quit the Chinese conglomerate on Friday and plans to set up a private fund manager in Hong Kong in January, AsianInvestor can reveal. Han Tongli’s new venture will run a global and Asia macro strategy mostly invested in bonds, in addition to foreign exchange, stock futures and other derivatives, said sources familiar with the matter. It will not use extensive leverage. Han – whose title at Fosun was chief investment officer of fixed …