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Two Sigma laid off 200 employees Thursday, 10% of the $60 billion firm’s workforce. The hedge fund is run by co-CEOs Carter Lyons and Scott Hoffman, who took over for Two Sigma’s billionaire cofounders in September. The firm is planning to continue to invest in its core strategies, a person close to the manager said. […]
From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits. By Alex Blasdel Continue reading… Source link
The financial regulator has warned the former hedge fund manager Crispin Odey that it is planning to take action against him for failing to act with integrity, and deliberately frustrating a disciplinary process into sexual harassment allegations in order to protect his own interests. The Financial Conduct Authority (FCA) said it had notified Odey that […]