Ken Griffin’s Citadel and Citadel Securities are scaling up their campus recruiting effort, unveiling what is described as their most selective and largest internship cohort to date, as competition for quantitative and engineering talent intensifies across global markets, according to
Asian equity markets staged a broad rebound on Tuesday following Monday’s steep falls, as investors returned to risk assets following signs of de-escalation in tensions between Israel and Iran, according to a report by Reuters.
Sam Bankman-Fried, the disgraced founder of collapsed crypto exchange FTX and hedge fund Alameda Research, has submitted a formal request for a presidential pardon from US President Donald Trump, according to a report by Bloomberg citing records from the US
Hedge funds delivered another month of strong performance in May, supported by a continued rally in technology stocks, growing investor enthusiasm around artificial intelligence, and expectations for a robust IPO market later this year, according to the latest data from
A senior portfolio manager within JPMorgan’s London-based Chief Investment Office (CIO) is set to leave the bank for a position at a hedge fund, according to a report by eFinancial Careers citing unnamed people familiar with the matter.
DE Shaw has joined a growing number of hedge funds expanding incentive structures that encourage employees to reinvest performance-linked bonuses back into in-house investment products, as competition for talent intensifies across the industry, according to a report by eFinancial Careers.
Concerns are mounting that increasingly crowded positioning among hedge funds could amplify losses in the event of a broader market downturn, following Friday’s sharp equity sell-off that interrupted a prolonged rally driven by AI-related trades, according to a report by
Hedge funds and banks are accelerating hiring in insurance-linked securities (ILS) and catastrophe modelling as climate volatility, extreme weather events and emerging tail risks reshape how financial institutions assess portfolio exposure, according to a report by Bloomberg.
Partners Group co-founder Alfred Gantner has dismissed recent criticism from short-seller Grizzly Research and described the sharp decline in the firm’s share price as an excessive market reaction driven by misinformation and broader sector concerns, according to a report by
Point72 Asset Management is evaluating whether to broaden its use of external trading intelligence by developing a platform that would compensate other hedge funds for investment ideas and market signals, according to a report by Bloomberg citing unnamed people familiar
