Behind the Biggest Hedge Fund Launch in History
Since debuting in 2018, ExodusPoint has struggled with middling returns. Yet it continues an inexorable rise, devouring investors' assets and attention.
Source: businessinsider.com
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Brevan Howard Hires Ex-Point72 CTO Singh for Alpha Strategies Fund
Ringo Chiu/ZumaPresses Brevan Howard hired Gurpreet Singh as CTO of its Alpha Strategies fund. Singh is the former CTO of Point72's quant-trading group Cubist. Brevan Howard has been ramping up hiring amid a strong streak of returns. Brevan Howard has hired a chief technology officer for one of its largest strategies as the $13 billion hedge fund ramps up hiring amid a streak of strong returns. Gurpreet Singh, formerly the CTO at Point72 Asset Management's Cubist unit, is set to join Brevan Howard's Alpha Strategies fund next week as CTO, according to sources f...
Source: businessinsider.com