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Edwin Li, Castle Ridge

Castle Ridge Asset Management appoints ex-JP Morgan Managing Director to expand AI hedge fund


Castle Ridge Asset Management (Castle Ridge) has appointed Edwin Li, (pictured), former Managing Director with JP Morgan's New York based Equity Trading business, as a Managing Partner to lead the international expansion of the firm’s artificial intelligence powered hedge fund.

Castle Ridge's artificial intelligence system, named W.A.L.L.A.C.E., is self-evolving and highly effective detecting complex patterns in global market data. For instance, W.A.L.L.A.C.E. successfully anticipated over 40 public company acquisitions over a 48-month period and avoided major market declines.  
 
Adrian de Valois-Franklin, Castle Ridge CEO, says: "We are pleased to welcome Edwin, who brings extensive investment expertise across numerous asset classes in the public markets. The addition of US-based experience adds a strong complement to our existing team in Toronto, Canada and strengthens our international investment capability for global clients."
 
Li brings over a decade of experience to his role, most recently as Head of Corporate Equity Derivatives and Cash Trading at JP Morgan in New York, where he was responsible for the firm's business activity in advising, structuring and executing corporate buyback and strategic equity transactions. He was previously the head trader on the Equity Structured Trading business where he advised a global network of high-net-worth, family office and institutional clients. Li holds an HBA with Distinction from the Richard Ivey School of Business and was one of the youngest Managing Directors promoted at JP Morgan during his tenure.

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