Nobel economist Merton to open new hedge fund Fri Aug 24, 2007 8:36AM BST Email this Article |Print this Article | Reprints [-] Text [+] By Elzio Barreto CAMPOS DO JORDAO, Brazil (Reuters) - Robert Merton, the Nobel Prize winner who co-founded the failed hedge fund Long-Term Capital Management, said his new firm plans to start an asset management business and open new hedge funds. Trinsum Group, the firm created when Merton's Integrated Finance merged with Marakon Associates, will launch the new business before the end of the year, he said in an interview on Thursday. The firm, which already...