Urgent.News

What's breaking now, across thousands of outlets.

More in Finance & Markets

Ex-Morgan Stanley quant head leaves Rokos after one year

Yingyi Chu, a former senior quantitative strategist at Morgan Stanley, appears to have departed macro hedge fund Rokos Capital Management after about a year with the firm, according to a report by…

  • Yingyi Chu left Rokos Capital Management after one year.
  • Chu was head of equity investment quants at Rokos in September 2025.
  • Chu previously worked at Morgan Stanley and Capstone Investment Advisors.

Distressed hedge funds buy $190m of Brightline debt from Nuveen

Distressed-debt hedge funds Diameter Capital Partners, Redwood Capital and FourSixThree Capital have acquired about $190m of municipal bonds issued by bankrupt Florida rail operator Brightline…

  • Distressed hedge funds buy $190M Brightline debt from Nuveen
  • Funds acquire bonds at 45 cents on the dollar
  • Redwood Capital reportedly did not respond to requests for comment

More from Thursday 1 October →