Hedge Funds: Taula Beats Out Rivals to Hire In-Demand Trader

Welcome to the Hedge Funds Brief, your weekly read on the industry, including market calls, personnel moves and performance.

Headlines

A one-year-old hedge fund beat two of its top rivals to hire a veteran Morgan Stanley trader shortly before he was due to start co-running the volatility trading desk at Goldman Sachs.

Hedge funds are facing pushback in California as their bets tied to insurance claims stemming from the LA wildfires are attacked as unethical.

Deem Global, a macro firm started by former Brevan Howard money manager Asfandyar Nadeem, has grown its assets to about $1 billion, helped by double-digit ...