Sunday, 28 December 2014
Last updated 3 days ago
Feb 22 2013 | 1:04pm ET
The former head of Citigroup's quantitative equity hedge fund strategies is leaving the bank to start a hedge fund of his own.
Shakil Ahmed and his dozen-strong team will depart at the end of the month to "pursue fund management opportunities," Citi said in an internal memo announcing a reshuffle of its stock-trading businesses. Ahmed has served as head of electronic market-making for the past two years, moving into the post when Citi shuttered his Quantitative Strategies fund.
Ahmed's new hedge fund will be a quantitative venture, Financial News reports.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.