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JPMorgan has lost another senior macro trading executive in Asia, with managing director Youngmin Cho departing for hedge fund Schonfeld Strategic Advisors less than a year after joining the bank from Morgan Stanley, according to a report by eFinancial Careers.
Multi-strategy hedge fund Verition has hired veteran quantitative finance executive Jérôme Brochard as a managing director in London, adding further senior talent to its expanding European platform, according to a report by eFinancial Careers.
Former Federal Reserve governor Stephen Miran is rejoining hedge fund Hudson Bay Capital Management as a senior strategist, marking his return to the firm after a series of senior policy roles in Washington, according to a report by Bloomberg.
OpenAI has hired Tejas Sharma, formerly head of data risk engineering at Citadel in London, as a member of technical staff, as talent migration from hedge funds and quantitative trading firms into AI labs extends beyond junior hires, according to a report by eFinancial Craeers.
Hedge fund Balyasny Asset Management’s latest intern cohort offers a snapshot of the firm’s highly selective recruitment strategy, with a strong emphasis on elite universities and quantitatively oriented academic backgrounds, according to a report by eFinancial careers.
Ken Griffin is accelerating the build-out of his Miami real estate and office campus after a public dispute over tax policy in New York reignited focus on Citadel’s long-term presence in Florida, according to a report by Bloomberg.
Hong Kong is preparing to introduce legislation that would significantly reduce the tax burden on performance-based compensation for hedge fund professionals and other alternative asset managers, according to a report by Bloomberg.
Marex has appointed Charlie Woodcock to its outsourced trading team in Hong Kong, further strengthening its execution capabilities across Asia. Woodcock joins from Outset Global where he provided execution and trading services to clients across Asia.
Capula Investment Management has hired Tom Bowles, the former head of portfolio management and later head of liquid alternatives trading at Man Group’s AHL quant division, marking another senior addition to the macro hedge fund’s investment team, according to a report by eFinancial Careers.
Magnetar Capital is preparing to launch a new investment fund that will rely on artificial intelligence agents rather than traditional teams of research analysts to identify and evaluate investment opportunities, according to a report by Bloomberg.
