Bridgewater launches new fund, Wells Fargo hiring in Europe
In the latest hiring roundup, the SEC needs mathematicians, Wells Fargo is adding bodies in Europe and what was once SAC Capital is hiring cops.
Bridgewater launching new funds
Connecticut’s Bridgewater Associates just launched an “Optimal Portfolio” fund that will include shorts. The 1,400-person company could grow as a result. It’s the first new fund the company has launched since 1996.
Credit yield hiring in pockets
While the high yield market is on shaky ground, several banks are still hiring traders, including Wells Fargo, Deloitte and Credit Agricole, among others.
Fresh firms opening in London
Here are five new firms that opened their doors in London during the month of November. Not all will be hiring, but it’s likely that at least some will be expanding.
Where FICC hiring will happen
If you want to work in FICC, you might want to go to Asia. McKinsey & Co think Asia will be the biggest FICC market by 2018.
Wells adding bodies in Europe
Wells is currently looking to hire in derivatives services and credit trading, areas where other banks in the region are cutting back.
Cohen needs cops
Point72 Asset Management, formerly known as SAC Capital, is actively recruiting former prosecutors and agents from the FBI in an apparent attempt to permanently rid the firm of the bad actors and culture that made it synonymous with insider trading.
SEC needs nerds
The SEC is hiring mathematicians and computer programmers under its new Center for Risk and Quantitative Analytics.
DB hiring junk bond traders
Deutsche Bank is hiring junk bond traders following a rash of departures toward the end of last year.