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Bridgewater (China) Investment Management, the Chinese subsidiary of US hedge fund giant Bridgewater Associates, is set to appoint a new portfolio manager, according to a report by Caixin Global.
Millennium Management is undergoing significant changes in its energy trading division, with the departure of a senior fuels trader and several other traders, while a seasoned natural gas trader from Castleton Commodities is set to join the hedge fund, according to a report by Bloomberg.
Multi-strategy hedge fund major Balyasny Capital Management and New York-based quant SquarePoint Capital have both tapped the talent pool at Google DeepMind as they look to bolster their AI capabilities, according to a report by eFinancial Careers.
Despite making a loss of $21m in 2023, after seeing a profit of $77m in the previous year, hedge fund Point72 Asset Management’s London subsidiary Point72 UK Limited, has upped its headcount by 30%, according to a report by eFinancial Careers citing the company’s latest financial statements.
Kayenta, a hedge fund treasury technology provider, has appointed Matt Brady as Managing Director, Americas Head of Distribution. Brady has over two decades of experience, including roles at Morgan Stanley and Bank of America Merrill Lynch.
Multi-strategy hedge fund majors, Millennium Management and Balyasny Asset Management, have both recently made cuts to their portfolio management teams in Asia, with Senior Portfolio Managers among the departing staff, according to a report by eFinancial Careers.
Paloma Partners, the multi-strategy hedge fund firm founded by Donald Sussman over 40 years ago, has appointed Pei Ng, a former executive from Brevan Howard Asset Management, as its new Chief Financial Officer, according to a report by Bloomberg.
Multi-strategy hedge fund major Citadel has appointed Goldman Sachs’s Chief Technology Officer Atte Lahtiranta to lead its core engineering group, which is responsible for the tech that underpins the firm’s trading and risk management functions, according to a report by eFinancial Careers.
Multi-strategy hedge fund major Millennium Management has lost the services of four energy professionals – two senior natural gas traders, a crude trader and a natural gas analyst, according to a report by Bloomberg.
Ossie Manners, a veteran in electronic trading, has joined Rokos Capital Management as the head of systematic technology. Manners previously led Citi’s commodities electronic trading division for four years, departing the bank in April, according to a report by eFinancial Careers.