Millennium Management has recruited Steve Schurr, a senior equities executive from rival Balyasny Asset Management, with a potential compensation package exceeding $100m, according to a report by Bloomberg citing unnamed sources familiar with the matter.
Singapore-based Dymon Asia Capital has brought on board former Millennium Management portfolio manager Shao Ying as it ramps up its relative-value equity trading capabilities, according to a report by Bloomberg.
Michael Fine, a credit-focused Portfolio Manager at Brevan Howard Asset Management, has exited the firm in recent weeks, according to a report by Bloomberg citing unnamed people familiar with the matter, as the macro hedge fund scales back risk amid
Balyasny Asset Management has tapped Joon Park, co-founder of shuttered stock-trading hedge fund Kodai Capital Management, as Chief Operating Officer of its long-short equities division, according to a report by Bloomberg.
With volatility roiling markets and a wave of portfolio manager exits sweeping through firms, hedge fund “super-recruiters,” or business development professionals, have become central to the industry’s future, according to a report by eFinancial Careers.
Himanshu Gulati, founder of credit-focused hedge fund Antara Capital, is set to join Marshall Wace, marking a high-profile departure amid ongoing challenges at his firm, according to a report by Bloomberg.
Balyasny Asset Management has secured a high-profile hire in the Asian macro space, luring seasoned yen rates portfolio manager Ron Choy from BlueCrest Capital Management with a compensation package reportedly worth around $30m, according to a report by Bloomberg.
Macro hedge fund heavyweight Caxton Associates has hired Anurag Nema, a commodities-focused money manager, from Bobby Jain’s hedge fund startup, Jain Global, as part of its ongoing expansion in Asia, according to a report by Financial News.
Hedge funds may have rushed headfirst into the AI arms race, but now they’re facing a new and unexpected hiring challenge – too many AI specialists, and not enough candidates for anything else including core trading technology roles, according to
SimCorp, a leading financial technology company and provider of investment management solutions for the global buy side, has promoted Ronan Donnelly to the position of Chief Operations Officer, effective immediately.
