Top JPMorgan trading executive jumps to hedge fund Rokos

• Computer-driven hedge funds surged during the DeepSeek turmoil. Human-driven funds fizzled.

  So-called systematic hedge funds — technology-driven funds that use machines to make investment decisions — had a very profitable Monday as the market suffered from the turmoil from the launch of ...
  
  MarketWatch - 3d
• 

  JPMorgan lifts chief executive Dimon’s pay by 8% to $39mn

  Wall Street bank says increase reflects his ‘stewardship of the firm’
  
  Financial Times - Jan. 23

• US banks in ‘go-mode’ under Trump, says JPMorgan executive

  Wall Street bets that new administration’s lighter-touch regulatory regime will spur dealmaking
  
  Financial Times - Jan. 21

• These hedge-fund legends beat their peers. But a simple model beat them.

  The top 20 hedge funds of all time outperformed their rivals last year. But they still trailed a simple 60/40 model that is far less expensive.
  
  MarketWatch - Jan. 21
• 

  Hedge fund managers pocket nearly half of investment gains as fees

  Industry has taken $1.8tn in charges since the 1960s, according to LCH research
  
  Financial Times - Jan. 20
• 

  UK watchdog scrutinises investment trusts’ battle with US hedge fund

  FCA encourages Hargreaves Lansdown, Interactive Investor and AJ Bell to make shareholders aware of looming votes
  
  Financial Times - Jan. 16
• 

  JPMorgan reshuffles Jamie Dimon’s top lieutenants

  Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chief
  
  Financial Times - Jan. 14

• Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024

  The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.
  
  CNBC - Jan. 2
• 

  Hedge funds Citadel and Millennium gain 15% in 2024

  Ken Griffin and Izzy Englander’s funds likely to have outperformed wider hedge fund industry
  
  Financial Times - Jan. 2

More from Financial Times

• 

  US says it will push ahead with tariffs against Canada, Mexico and China

  Levies against America’s three biggest trading partners will be implemented on February 1
  
  Financial Times - 42m
• 

  Canada should respond to Trump with tariffs on Musk’s Teslas, Freeland says

  Former finance minster says Ottawa must target US president’s ‘billionaire buddies’
  
  Financial Times - 1h
• 

  The global AI race: Is China catching up to the US?

  The release of DeepSeek’s new model has shaken assumptions about who has the upper hand in developing the technology
  
  Financial Times - 54m
• 

  Lagarde and Von der Leyen: Europe has got the message on change

  We can no longer squander our strengths with self-imposed handicaps. There is too much at stake
  
  Financial Times - 5h
• 

  AstraZeneca ditches plan to build £450mn UK vaccine plant

  Decision is a blow to Starmer’s government after setting out pro-growth pitch to investors
  
  Financial Times - 3h

More in Business

• Trump Will Hit Mexico, Canada and China With Tariffs

  The White House press secretary said the president would move forward with levies on America’s largest trading partners on Saturday.
  
  The New York Times - 15m

• The latest call to boycott Target is over its DEI rollback

  After Target Corp. last week became the latest major company to announce a rollback in its diversity, equity and inclusion plans, some activists are asking shoppers to boycott the retailer ...
  
  MarketWatch - 15m
• 

  Unilever leans towards listing Ben & Jerry’s on multiple markets

  Amsterdam likely to be one location for ice cream division’s spin-off, with London and New York also under consideration
  
  Financial Times - 18m

• Trump tariffs on Canada, Mexico and China begin Saturday, White House says

  The White House confirmed Friday that the president will be leveling aggressive tariffs this weekend on major U.S. trading partners.
  
  CNBC - 20m

• Trump Media gifts DJT shares to FBI pick Kash Patel, Linda McMahon and president's son

  President Donald Trump transferred his majority stake in Trump Media, whose shares trade under the DJT ticker, to his revocable trust after the election.
  
  CNBC - 26m