Macro hedge fund heavyweight Caxton Associates has hired Anurag Nema, a commodities-focused money manager, from Bobby Jain’s hedge fund startup, Jain Global, as part of its ongoing expansion in Asia, according to a report by Financial News.
Nema, who joined Jain Global in March 2024, has now moved to Caxton’s Singapore office, according to his LinkedIn profile, with his departure coming just a year into his tenure at the firm, which officially launched in early 2024 with high-profile backing and a global footprint.
The move reflects Caxton’s continued focus on bolstering macro trading talent in the Asia-Pacific region, particularly in commodities — an area of increasing strategic interest as volatility in global markets persists.
Nema brings with him deep expertise in commodities trading, a key asset class for macro funds navigating geopolitical instability and supply chain realignments. His addition is expected to enhance Caxton’s regional capabilities as the firm leans further into emerging market and cross-asset macro themes.
Jain Global, backed by former Millennium Management Co-CIO Bobby Jain, has attracted a high-profile roster of talent since its inception, though it has also seen some early departures as the fund settles into its operating rhythm.
Neither firm has commented publicly on the move.
