The battle for top-tier yen rates traders is intensifying across the hedge fund space, as firms rush to capitalise on volatile market conditions in Japan — and are willing to pay handsomely for it, according to a report by Bloomberg.
Global macro hedge fund heavyweight Caxton Associates and Brazil-based Kapitalo Investimentos have both recruited former treasury traders from Itau Unibanco, underscoring continued demand for top-tier macro talent across developed and emerging markets, according to a report by Bloomberg.
Eisler Capital has laid off roughly 15% of its staff as part of a broader cost-cutting initiative aimed at streamlining operations and stabilising performance, according to a report by Bloomberg citing an unnamed person familiar with the matter.
MarketAxess has appointed Spencer Lee, the Co-Founder of systematic credit hedge fund firm Agilon Capital, as its new Head of Client Products, Americas, with effect from 12 May, according to a report by Asset Servicing Times.
Digital Prime Broker Sage Capital Management has appointed Chris Mills as Head of Digital Assets. Mills joins from JB Drax Honore, where he was Co-Head of Digital Assets, with responsibilities for product development and trade execution.
Sandglass Capital, an alternative investment firm focused in event-driven investments in emerging market sovereign and corporate credit, has appointed Charles-Antoine Wauters as a Director on the firm’s Investment Team.
Point72 Asset Management, the $37bn multi-strategy hedge fund firm founded by Steve Cohen, has seen the departure of two senior macro portfolio managers – Yau Ng in Singapore and Alex Blanchard in Dubai – according to a report by Bloomberg.
BlueBay Asset Management, the fixed income-focused hedge fund affiliate of RBC Global Asset Management, has scrapped its institutional head of sales role in Australia and New Zealand, transitioning to a third-party distribution model via Kings Gate Capital Partners, according to
Jersey-based multi-strategy hedge find firm Brevan Howard Asset Management has parted ways with credit portfolio manager Michael Fine, according to a report by Bloomberg Law citing unnamed sources familiar with the matter.
Former Millennium portfolio manager Jerome Busca has joined Fasanara Digital, the $300m London-based crypto hedge fund, as it looks to broaden its strategy suite and capitalise on rising institutional demand for digital assets, according to a report by Financial News.
