Royal Bank of Canada (RBC) is expanding its credit derivatives trading business across the US and Europe as growing debt issuance linked to artificial intelligence investment fuels demand from hedge funds and other institutional investors for credit hedging strategies, according
Millennium Management is expanding its global footprint with plans to establish a presence in Brazil, hiring a former JPMorgan executive to spearhead the launch of a new office in São Paulo, according to a report by Bloomberg.
Millennium Management has strengthened its commodities platform with the hire of Amit Sinha, the former head of agricultural trading at Squarepoint Capital, as the multi-manager hedge fund continues to build out its agricultural commodities capabilities, according to a report by
Specialty insurer Ategrity Specialty Insurance has appointed Neil Adler, chief financial officer of hedge fund manager Zimmer Financial Services, as its new finance chief following the departure of CFO Neelam Patel, according to a report by Business Insurance.
Quant hedge fund firm Qube is expanding its investment platform by establishing its first internally managed discretionary equity portfolio management team, marking a significant step beyond its traditional quantitative investing approach, according top a report by Business Insider.
Multi-manager hedge fund ExodusPoint Capital Management has appointed Mehmet Bayraktar as its new Head of Equity Risk, strengthening its risk management team with an experienced quantitative investment specialist, according to a report by eFinancial Careers.
Multi-manager hedge fund Balyasny Asset Management has appointed Simon Moss as its new Head of Asia Equity Capital Markets (ECM), strengthening its capital markets team ahead of what is expected to be another active period for Asian equity issuance, according
Multi-strategy hedge fund Verition has parted ways with London-based quantitative portfolio manager Damien Couture, little more than three years after he joined the firm following a lengthy legal dispute over his post-employment restrictions, according to a report by eFinancial Careers.
BNP Paribas has named former Jain Global portfolio manager Kavi Gupta as head of fixed income, currencies and commodities (FICC) trading for the Americas, according to a report by Bloomberg.
Brevan Howard has strengthened its investment team with the appointment of Marouen Ben Othman, the former head of index flow trading at Citi, who has joined the firm as a senior portfolio manager in New York, according to a report
