Winton Plans New York Office

Jan 27 2014 | 1:06pm ET

Winton Capital Management will open its first U.S. office this summer as the firm prepares to expand further globally.

Winton's New York base will be its fifth office. Initially, only a handful of Winton's 300 staffers will be based in the Big Apple, including several who will transfer from its other offices, The Wall Street Journal reports. Those working in New York will focus on marketing.

The New York office could presage new offices in Australia and Japan for the US$25 billion quantitative firm, according to the Journal. Winton already has offices in London, Oxford, Hong Kong and Zurich.

A U.S. base follows Winton's launch of two onshore funds in the country, which manage some US$300 million. It also follows Odey Asset Management's decision to open an office in New York late last year.


In Depth

Steinbrugge: Top 10 Hedge Fund Industry Trends for 2017

Jan 3 2017 | 9:03pm ET

Each year, Agecroft Partners' Don Steinbrugge predicts the top hedge fund industry...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

DarcMatter: The Top Trends in Alternative Investments for 2017

Jan 13 2017 | 8:22pm ET

The $7 trillion alternative investments industry is poised for continued growth...

 

From the current issue of

The U.S. Commodity Futures Trading Commission (CFTC) ordered The Goldman Sachs Group Inc., and Goldman, Sachs & Co. to pay a $120 million penalty for attempted manipulation and false reporting of ISDAFIX Benchmark Rates, a global benchmark for interest rate products.