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Elmar Zumbuehl, GAM’s chief risk officer, has been proposed as the company’s new CEO candidate after Randel Freeman, the hedge fund veteran who had been lined up for the role, backed out due to “unforeseen family circumstances”, according to a report by Financial News.
Veteran trading executive Brian Williamson has joined UBS Group’s US execution hub, which provides a suite of services to help hedge funds and asset managers reduce the costs of running an in-house trading desk, according to a report by Bloomberg.
Multi-strat major Millennium is looking to steal a march on its rivals in the ongoing hedge fund recruitment war, by ramping up its internship programme to allow it to grow and develop more talent in-house, according to a report by eFinancial Careers.
Clear Street, a New York-based independent prime broker, has expanded its technology leadership team with the appointment of Jonathan “Jon” Daplyn as Chief Information Officer and Hari Godbole as Managing Director and Vice President of Engineering, effective immediately.
Anacapa Advisors, a Californian-based market directional hedge fund firm, has expanded its leadership team with two new senior hires – Sam Rosenberg as Head of Business Development, and Mark Wayner as Senior Fund Manager.
Hot on the heels of DE Shaw’s addition of a former fintech product manager in Singapore to its trading team, comes news that new quant fund Qube Research & Technologies has also hired a former fintech employee, according to a report by eFinancial Careers.
Brevan Howard, the Jersey-headquartered global macro hedge fund firm co-founded by Alan Howard, is tapping other hedge funds and banks around the world as it continues to look to add trading talent to its team, according to a report by eFinancial Careers.
DE Shaw has appointed Aloïs Savanne, a former product manager at payments fintech Airwallex in Shanghai, as a macro trader focused on discretionary currency and emerging markets, according to a report be eFinancial Careers.
BNP Paribas has appointed Scott Carter as Global Head of Investor Coverage serving hedge funds, asset managers, and Pension Funds – a strategic focus for the bank and at the core of its “bridge with corporates” initiative.
Robyn Grew, the Chief Executive Officer of Man Group, has been elected to the SBAI Board of Trustees as a replacement for Luke Ellis, Man Group’s former CEO who retired earlier this month, and has served on the board since 2016.
