Millennium Management, the $57 billion hedge fund founded by Israel Englander, has taken the first significant step in boosting its presence in Australia with the appointment of portfolio manager Alex Wallis, according to a report by Financial review. 

Ben Melkman, a former partner at Brevan Howard Asset Management and the founder of the now-shuttered Light Sky Macro fund, has become the latest 'star' trader to make a multi-strat move this year, ditching plans for a solo fund to join the team of macro specialists at Schonfeld Strategic Advisors.

Multi-strategy hedge fund Millennium has added several portfolio managers in Singapore just five months after moving to new larger premises in the city state last October, according to a report by eFinancial Careers.

Brevan Howard has appointed Owen Coughlan, the former head of euro swaps trading at NatWest Markets, as a portfolio manager based in London, according to a report by eFinancial Careers. 

Bridgewater Associates has appointed Christopher Palazzolo as head of Europe and global sustainable investment partnerships, according to a report by Pensions & Investment Online. Palazzolo reportedly joined the $138 billion hedge fund firm at the end of last month.

A London-based macro sales team at Goldman Sachs led by Nohshad Shah, Goldman's co-head of EMEA interest rates sales, and managing director Ishaan Sethi, has jumped ship to join a hedge fund just weeks after bonuses were paid, according to a report by eFinancial Careers.

Gramercy Funds Management, a $5 billion investment manager focused on emerging markets, has appointed Tom Humphrey to the newly created role of President. Bill Foley will also be joining the firm as a managing director and senior member of the Gramercy Business Development Team.

Fintech specialist Broadridge Financial Solutions, has appointed Wout Kalis as Head of Asia Pacific for Broadridge Asset Management Solutions. As well as driving growth and product expansion, Kalis will oversee day-to-day operations and provide senior asset management leadership in the region.

Crescent Capital Group, an alternative credit investment firm, has appointed Jonathan Harari as global head of the firm's Investor Solutions Group. Based in New York, Harari is responsible for developing and executing Crescent’s strategic sales and marketing plan for clients and assets.

John Cryan, who has served as a director of Man Group since January 2015 and as chair of the board since January 2020, is to step down towards the end of this year, with Anne Wade, who has served on the board as a non-executive director since April 2020, to succeed him as chair.