Unlock free Digest editor
Roula Khalaf, editor of FT, chooses her favorite story in this weekly newsletter.
Global Markets co-worker JPMORGAN Chase leaves US Bank after more than two decades to join Rokos Capital Management, which is the latest Wall Street Bank deficiency for a high role in a Hedge Fund or a trade company.
Jason Sippel, who has jointly conducted a JPMORGAN job that extends, will be joined by the Macro Hedge Fund based in the UK as deputy general director of investment and global market chief, reporting the founder founder Chris Rokos. He will join the Partnership Committee, with regulatory approval, Hedge Fund said.
Hedge funds such as millennial management companies and trading companies such as Citadel Securities have been able to lure the top talent from Bulge Banks Banks.
One of the older Lieutenants David Solomon Jim Esposito Last year, he left Goldman Sachs for his role in one billionaire Ken Griffin’s Citadel Securities, while Goldman’s treasurer went to Millennium Izzy Englander.
Chris Rokos has built one of the world’s most famous macro hedge funds in Rokos Capitalwhere he is a key trader for the company, as well as as the Chief Director of Investment.
Before he started RCM, he faced Rival Macro Hedge Fund of Brevan Howard with Alan Howard and other partners.
Sippel worked at JPMORGAN for 23 years, in Tokyo, Hong Kong, New York and London, and was crucial in building the presence of a bank in the stock trade and the main brokerage houses.
He was promoted only in the role of cooperation of a bank with fixed income and ownership business 12 months ago, together with Pranav Thakur, as part of the management of management. Thakur will become the only job boss after Sippel’s departure.
His departure comes after JPMORGAN generated record revenues of about $ 30 billion from last year.
In an internal notes announced by Sippel -O’s exit, JPMORGAN JOFS -commercial and investment banks, Doug Fifth and Troy Rohrbaugh, attributed it to “Spearhead[ing] Many of our key initiatives and investment in technology ”.
Rokos Capital manages $ 19 billion and employs approximately 340 people around the world, specializing in trading various property based on key economic indicators.
His fund increased by about 31 percent by 27 December last year, people said to be introduced to the issue. Richard Tang, head of the company in the global market, leaves a partnership, but will continue to serve as a senior advisor.
Chris Rokos said of Sippel: “I cannot remember the more experienced, inspiring and inspiring leader to join us and look forward to his contribution to the company.”
The news of Sippel’s move to Rokos was the first to report to Bloomberg.
