Hedge fund giant Citadel has appointed Keith McNulty, a former McKinsey director and PhD mathematician, to lead its talent assessment function in London, reflecting the growing role of data-driven approaches in hedge fund hiring, according to a report by eFinancial
Viking Global’s long-serving head of trading, Stuart Brown, is stepping down from the $55bn asset manager, marking the latest senior departure from the firm founded by Andreas Halvorsen, according to a report by Business Insider.
Yves Masselin, a former portfolio manager at now-defunct multi-strategy hedge fund Eisler Capital, has joined Verition Fund Management as a portfolio manager in the firm’s London office, according to a report by Financial News London.
Bridgewater Associates has appointed long-serving investor Bob Prince as chair of its board of directors, following a standout year of performance for the world’s largest hedge fund firm, according to a report by Reuters.
Shiprock Capital Management has bolstered its emerging-markets team with the hiring of Nadir Cura, formerly at Converium Capital, as the London-based hedge fund continues to expand its roster of developing-world investment specialists, according to a report by Bloomberg.
The $5tn hedge fund sector is increasingly defined not by headline trades or fund launches, but by the fierce competition among the biggest firms to hire and retain top portfolio managers, according to a report by Business insider.
Ryan Tolkin, CEO of multi-strategy hedge fund Schonfeld Strategic Advisors, has suggested that artificial intelligence could largely replace traditional data analyst roles within the industry, according to a report by eFinancial Careers
London-based multi-strategy hedge fund Capula has reported a decline in revenue and profits for the year ending 31 March 2025, prompting reductions in pay across the firm, according to a report by Bloomberg, citing recent financial filings.
Balyasny Asset Management portfolio manager Allen Zhang has left the firm after a year to return to Cinctive Capital, where he previously spent two years as a Portfolio Manager, according to a report by Financial News London.
Jain Global, the hedge fund founded by former Millennium Management Co-Chief Investment Officer Bobby Jain, has strengthened its investment team with the appointment of Alex Coats, a senior rates trader from JPMorgan.
