
Tower Research hires former Citadel Securities ETF quant
Tower Research Capital has strengthened its exchange-traded funds (ETF) capabilities with the appointment of former Citadel Securities executive Yacin Dolivet as a quantitative researcher.

Tower Research Capital has strengthened its exchange-traded funds (ETF) capabilities with the appointment of former Citadel Securities executive Yacin Dolivet as a quantitative researcher.
HSBC has identified a sharp appreciation in the US dollar as one of the most significant potential pain trades for investors in the second half of 2026, arguing that markets remain vulnerable to a stronger-than-expected move in the currency, according
Weather derivatives are attracting renewed interest as growing renewable energy generation and increased climate volatility drive demand for new risk management tools, according to a report by Bloomberg.

A growing number of former investment professionals from Elliott Management are launching activist hedge funds, extending the influence of Paul Singer’s investment philosophy across the industry, according to a report by the FT.
Millennium Management is backing the launch of a new quantitative hedge fund founded by former Citadel researcher Paul Dou, as investor demand for systematic strategies continues to grow, according to a report by Bloomberg.
The cost of financing leveraged equity positions is climbing as strong investor demand for US stocks stretches banks’ balance-sheet capacity, raising questions over the sustainability of the market rally according to Bloomberg.
Millennium Management is strengthening its focus on artificial intelligence with the launch of a dedicated AI lab, as the multi-manager hedge fund looks to develop advanced tools to support its investment platform and enhance internal processes.
Companies targeted by activist investors through private engagement are outperforming their peers, according to new research from Alvarez & Marsal (A&M), highlighting the growing influence of so-called “quiet activism” across European markets.

Polar Capital is exploring the sale of a portfolio of residential mortgage-backed securities as tightening credit conditions and growing demand for private lending continue to reshape the structured finance market, according to a Bloomberg report.
RBC BlueBay Asset Management expects Japanese artificial intelligence-linked equities to face a period of near-term weakness before resuming their rally into 2027, as investors take profits following a sharp run-up in valuations, according to a report by Bloomberg.