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Former Citadel and Schonfeld Macro PM turns to cake-making

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After a career navigating the fast-paced world of macro portfolio management at some of the biggest hedge funds, Igor Ninkovic who previously served as a Macro Portfolio Manager at Schonfeld in Dubai, is currently embracing a much sweeter path — baking cakes, according to a report by eFinancial Careers.

Ninkovic has swapped financial markets for the world of raw, vegan, and gluten-free cakes. Together with his wife, he founded KaLu Raw Baker, a company dedicated to creating cakes free from refined sugar. The business officially launched last week.

The cakes come in various flavours, including chocolate, coconut, and lemon spirulina. Available exclusively in Dubai, KaLu Raw Baker’s offerings are designed for health-conscious customers looking for an indulgent treat that fits within specific dietary preferences.

Ninkovic, who left Schonfeld in September after spending five years with Citadel in London, did not respond to inquiries about his future plans. It’s possible that his foray into the baking world could be a temporary venture, possibly influenced by a non-compete agreement.

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