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Lance Fritz, the chief executive officer of US railway company Union Pacific, has announced he is to step down this year after hedge fund Soroban Capital Partners called for the firm to appoint new leaders, according to a report by Reuters.
Millennium Management has appointed Robert Wininger as global head of HR product management and reporting in its New York office, according to a report by eFinancial Careers.
Digital assets prime brokerage FalconX, whose clients include financial institutions, hedge funds, and asset managers, has expanded its service offering into Singapore with Matt Long joining the firm as general manager and Ave King as chief compliance officer, both based in the city state.
Trium Capital, a multi-PM alternative asset manager, has appointed Deepak Baghla as co-portfolio manager of the Trium Alternative Growth Fund, an uncorrelated liquid alternative UCITS fund. Baghla will work alongside Toby Hayes, who has managed the strategy since its inception in September 2021.
Baghla has extensive portfolio management and trading experience, which includes positions at Morgan Stanley, Barclays, Millennium and Symmetry. He will work closely with Hayes to build out Trium’s capability by designing and implementing bespoke uncorrelated systematic strategies within the fund.
The Trium Alternative Growth Fund has had a strong run since its inception both in terms
PGIM Quantitative Solutions, the quantitative, multi-asset and liquid alternatives specialist of PGIM, has appointed Andy Wilmot as head of Strategic Relationships, reporting to Brian Carroll, head of global distribution at PGIM Quant.Â
State Street Corporation has appointed Taryn Siglain as the firm’s global head of enhanced custody, its principal securities lending programme, with responsibility for developing and driving the strategy, and delivering solutions to clients. Siglain will report to Gino Timperio, global head of financing solutions for State Street Global Markets.
Siglain brings a wealth of experience in the financial services industry to her new role at State Street.
Most recently, she worked for Morgan Stanley where she held a variety of leadership roles over her more than 15-year career including head of Americas secured funding trading and collateral optimisation.
Australia-headquartered multi-asset prime broker Invast Global has added to its executive team with the appointment of Johan Koo as director and head of prime services APAC (ex-Japan). He is based in the firm’s office in Sydney.
BNP Paribas Asset Management has created a new systematic portfolio management team – SQI – to complement its fundamental portfolio management capabilities in equities, fixed income and multi asset, which will be led by Robinson Rouchié.
Durlston Partners, a talent advisory firm specialising in technology, quantitative finance, and data science and catering for the needs of hedge funds, family offices, digital asset firms and banks, has appointed Shannon Palmer as head of business strategy and operations.
Paradigm Governance Partners, a governance and financial services firm with a presence in the Cayman Islands and New York, has added two experienced independent directors to its growing governance team.
