Merrill Lynch's Ken Chang, co-head of Pacific Rim equity derivatives strategy in Tokyo, has joined hedge fund Oasis Advisors as a senior strategist in Tokyo. Chang, who landed last week, said the fund primarily looks at event-driven plays and quantitative strategies in the Japanese market but will start to look at convertible arbitrage and derivative-linked strategies. "At a later stage we'll look at both listed and OTC derivatives," noted Chang, explaining that developing derivative-related trades is part of his remit going forward.
Officials at Merrill said Arik Reiss, co-head of Pacific Rim equity derivatives strategy in Hong Kong, has been named head of the team and has assumed overall responsibility.
