Tuesday, 25 November 2014
Last updated 5 hours ago
Jun 8 2012 | 1:04pm ET
Citadel Investment Group has fired its head of quantitative credit, David Hensle.
Hensle, who has been with the firm since 2006, was dismissed in April, Reuters reports. It is unclear why Hensle, whose portfolio was up this year and flat last year, was let go.
Citadel confirmed Hensle's exit.
Hensle's former unit has been taken over by Jamey Thompson, who also recently took the helm of the hedge fund's fundamental credit group.
Hensle joined Citadel from Bank of America, where he was head of U.S. liquid structured credit market-making. He and Becket Wolf were promoted to co-heads of structured credit at the hedge fund in 2009.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...