Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Rates trader opts for Millennium after accepting Point72 offer

Matteo Sardo, a rates-focused portfolio manager who previously worked at Taula Capital Management, has withdrawn from an agreement to join Point72 Asset Management and instead is returning to…

  • Matteo Sardo, rates trader, leaves Point72 offer
  • Returns to Millennium Management in Milan
  • Competition among hedge funds for top talent

Hedge funds circle Firmus as $7bn IPO creates potential short opportunity

Hedge funds and other short sellers are watching closely as Australian AI infrastructure company Firmus prepares for a potential $7bn listing on the ASX, with the stock expected to attract positions…

  • Australian AI infrastructure firm Firmus prepares $7bn ASX IPO
  • Potential short selling opportunity as hedge funds monitor stock
  • SpaceX example shows AI IPOs can generate massive short profits

Jain Global doubles UK profits as London headcount nearly triples

Jain Global’s UK business more than doubled its profit last year as the hedge fund almost tripled that size of its London-based workforce, according to a report by eFinancial Careers citing data from…

  • Jain Global's UK profits doubled to £9.2 million in 2025
  • London headcount nearly tripled to 89 employees
  • Average compensation per employee decreased to £611,000

More from Monday 28 September →