CLS, a financial market infrastructure group delivering settlement, processing and data solutions, has appointed five new members to its board of directors at the CLS Annual General Meeting held on 4 June 2024.

Jain Global, former Millennium Co-Chief Investment Officer Bobby Jain’s new hedge fund firm, which is gearing up to launch later this summer, has added former Credit Suisse Vice President Emily Facchina Fluet to its London trading desk, according to a report by The TRADE.

The largest ever summer intern programme got underway at Steve Cohen’s multi-strategy hedge fund firm Point72 Asset Management this week, as 55 college students took up their places on the eight-week long training scheme, according to a report by Bloomberg.

Faegre Drinker has appointed Michelle Moran as a partner in the law firm’s investment management group in London. Her practice covers all aspects of fund management, including UCITS, hedge funds, private funds and credit funds.

AlphaGrep Global Capital, the international asset management business of AlphaGrep Group, has appointed Chief Operating Officer Dr Brendan Campbell as the company’s new Chief Executive Officer, effective immediately.

Multi-strategy major Millennium has become the latest hedge fund to add an AI researcher to its team with the appointment of PhD nuclear physicist Aaron Key as its Head of AI for Fixed Income Technology, according to a report by eFinancial Careers.

AQR Capital Management, an alternative asset manager with $109bn in assets across hedge funds, long-only and liquid alternatives, has parted company with Principal and Global Co-Head of its macro strategies group Yao Hua Ooi, according to a report by Pensions & Investments.

Two years after leaving Citadel supposedly to join Millennium on a rumoured $50m package, Stefan Ericsson is back in business, not at Izzy Englander’s multi-strategy major, but at Taula Capital, former Millennium Senior PM Diego Megia’s new firm, according to a report by eFinancial Careers.