People Moves

Marshall Wace Asset Management has lost a top trader to a start-up boutique brokerage.

Technology company ConvergEx Group has hired Jeff Pettiford as a senior vice president in plan sponsor sales.

Is China’s massive sovereign wealth fund starting a hedge fund?

The US$300 billion China Investment Corp. on Tuesday posted 64 job openings to fill its “business development needs.” But in seeking hedge fund analysts, among other positions, the CIC has the rumor mill turning.

Paul Russell, chief financial officer at Clive Capital, has resigned from the London-based hedge fund.

NewSmith Asset Management is readying a UCITS III-compliant emerging markets hedge fund.

Executive recruiting firm Heidrick & Struggles International has a new head of its hedge fund practice.

Canadian private equity firm Onex Corp. has hired a Highland Capital Management executive to manage and expand its credit business.

PIMCO has hired two hedge fund traders as it continues to beef up its nascent equities business.

Tiger Management founder Julian Robertson is taking steps to ensure the legendary hedge fund stays in the family.

Fresh from his victory over the Securities and Exchange Commission in a major hedge-fund insider-trading case, derivatives salesman Jon-Paul Rorech has found a new job.