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APS CIO to step down

Kok-Hoi Wong, Founder of Singapore-based hedge fund APS Asset Management, will step down from his role as Chief Investment Officer at the $1.7bn China-focused investment firm in the coming year, according to a report by Bloomberg.

Walleye’s CIO of Volatility and CTO to retire

Andrew Carney, Chief Investment Officer of Volatility, and Mark Zeldis, Chief Technology Officer at New York-headquartered, multi-manager hedge fund firm Walleye Capital, will retire from the firm, according to a report by Business Insider.

Compliance software specialist COMPLY names new CEO

COMPLY, a provider of compliance software, consulting and education resources for the financial services sector including hedge funds and private equity firms, has appointed Michael J Stanton as its Chief Executive Officer.

Jain Global adds PMs in London, Singapore, and New York

Jain Global, the hedge fund founded by former Millennium Co–Chief Investment officer Bobby Jain, has expanded its teams in Singapore, London and New York, ahead of its planned July launch, according to a report by eFinancial Careers.

Brazil’s SPX adds former Goldman trader in Singapore

Brazilian multi-strategy hedge fund major SPX Capital has appointed Predee Anuvatnujotikul, a former trader at Goldman Sachs Group, as a Portfolio Manager based in the firm’s Singapore office, according to a report by Bloomberg.

Ex-Balyasny PM who left after $100m loss joins Millennium

George Klavdianos, a Portfolio Manager who left Balyasny’s London office in December following reports of a $100m loss in a trading book he was leading, has joined Millennium Management as a Senior Portfolio Manager, according to a report by eFinancial

ExodusPoint adds three PMs in Dubai

Multi-strategy hedge fund ExodusPoint Capital Management has continued to build out its operations in the Middle East with the addition of three new Portfolio Managers to its office in Dubai, according to a report by Bloomberg.

Brevan Howard axing 100 staff in cost-cutting exercise

A period of poor performance has prompted macro hedge fund major Brevan Howard to embark on a strategic cost cutting exercise which will see the Jersey-headquartered firm axe around 100 traders and middle and back-office staff, according to a report

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