Multi-strategy hedge funds including Citadel, Point72 and Balyasny Asset Management are increasingly focused on developing junior talent in-house as competition and costs for experienced portfolio managers continue to rise, according to a report by eFinancial Career
Broadridge Financial Solutions has appointed Frank Troise as President, Global Capital Markets, effective immediately. He will report to Tom Carey, President, Global Technology & Operations at Broadridge, and join Broadridge’s Executive Leadership Team.
A significant number of high-performing young traders from major investment banks make the leap to hedge funds, according to a review by eFinancialCareers of 15 star traders who first rose to prominence back in 2016.
Brevan Howard has lost the services of long-tenured macro portfolio manager Mike Graham, who joined the firm as a graduate in 2007, despite a recent improvement in performance at the hedge fund, according to a report by eFinancial Careers.
Singapore-based hedge fund Dymon Asia Capital has added senior investment talent as it continues to expand following a strong performance year, with the appointment of Wissam Mezrani as a portfolio manager in Singapore, according to a report by eFinancial Careers.
Some of the world’s largest multi-strategy hedge funds including Citadel, DE Shaw, and Point72 are offering summer internships with base salaries and bonuses that can reach six figures, as competition intensifies for top quantitative and machine learning talent, according to
Steve Cohen has claimed the top spot in Bloomberg’s annual ranking of the world’s best-paid hedge fund managers, earning an estimated $3.4bn in 2025 from strong performance at his firm Point72 Asset Management, according to a report by Bloomberg.
Balyasny Asset Management has hired Bank of America’s global head of fixed income, commodities and currencies (FICC) technology, as the hedge fund continues to strengthen its senior technology leadership following a strong year of performance, according to a report by
Employee compensation remained a significant cost drag at Citadel last year, even as returns moderated, highlighting the structural pressures facing large multi-strategy hedge funds competing aggressively for talent, according to a report by Bloomberg.
Multi-strategy hedge fund Schonfeld Strategic Advisors has strengthened its volatility trading platform by hiring Arthur Goossens, formerly co-head of commodities trading at BNP Paribas, according to a report by Bloomberg.
