Simon Hurst, a commodities managing director at JPMorgan, has become the latest of the bank’s quant research execs to make the switch to a hedge fund firm, joining Ken Griffin’s Citadel as head of engineering at Citadel Energy Marketing (CEM),
James Rubenstein, the former head of US electronic trading at UBS, has joined ExodusPoint Capital Management, the New York-based hedge fund firm founded by Millennium Management alumni Michael Gelband and Hyung Lee, as global head of execution services, according to
LHG Capital Management, a $1 billion-plus hedge fund specialising in ‘quantamental’ global macro investing, has closed its first ever single-investor fund at $150 million, boosting the firm’s assets under management to over $1.3 billion. Unlike its separately managed account (SMA)
Speculation that the Bank of Japan isn’t likely to change tack on its existing easy-money monetary policy anytime soon has prompted hedge fund and asset managers to up their bearish positions in the yen, according to a repot by Bloomberg.
JP Morgan Asset Management has appointed interest rates expert Priya Misra as a managing director and portfolio manager on the Core Plus team in the firm’s Global Fixed Income, Currency & Commodities business. Misra, who will report to Kay Herr,
Aquis Markets, the pan-European equities trading division of Aquis Exchange PLC, has launched new ‘dark to lit sweep’ functionality on its UK and EU platforms, allowing members to sweep from Aquis’ dark book – the Aquis Matching Pool (AMP) –
Ongoing challenges in the digital assets market, including regulatory uncertainty, have prompted Los Angeles-based cryptocurrency hedge fund Arca to lay off 30% of its staff, according to a report by CoinDesk.
Engine Capital LP, an activist hedge fund that owns approximately 2% of the outstanding shares of Avantax, Inc, has written a letter to the company’s board of directors, urging the tax-focused wealth management services provider to consider “strategic alternatives”, including
Hedge funds sold European equities last week to invest in stocks in the United States and Japan on the back of strong economic data boosting equity markets in both countries, according to a report by Reuters, citing client notes from
Broadridge, a provider of trading solutions for banks, broker-dealers and other institutional investment clients, has added a highly experienced industry professional to its sales team in Northern Europe, who will be focused on identifying new client opportunities in the region.
