Qube Research & Technologies, a rare recent entrant into the hedge fund industry elite having grown to $30bn since 2018 launch, is starting a Houston office, reported Bloomberg.
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Qube Research & Technologies is planning to open its first US office, according to Bloomberg — and has chosen Texas over bigger industry hubs such as New York and Connecticut.
Texas is home to the headquarters of ten members of the AFI 500, placing it behind traditional centres such as New York, Connecticut, California and Massachussetts, as well as Florida, which now has 16, including Citadel.
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