- Sign up to free AFI briefing emails for exclusive industry updates. Membership offers focused hedge fund research and data
Qube plans US debut
Qube Research & Technologies is planning to open its first US office, according to Bloomberg reporting.
After growing to $30bn in the seven years since its founders span the firm out of Credit Suisse, a rare recent entrant into the hedge fund industry elite, the firm will set up in Houston.
Texas is the sixth biggest hedge fund industry hub in the US, home to ten members of the AFI 500 HQs — read more on the state’s sector here.
Read more: Influential Allocator profile – Qube Research & Technologies
Allocator spotlight: J.P. Morgan Asset Management marks 30 years of hedge fund investing
Few allocators can match Paul Zummo, CIO of hedge funds and alternate credit solutions at J.P. Morgan Asset Management, for experience of the hedge fund market.
As co-founder of the US bank’s unit investing in hedge funds, which passed its 30-year milestone this year, he has witnessed the development of the industry from the pre-internet era.
On a recent podcast, he reflected on “tremendous” changes over those three decades, including the widespread availability of data now compared to those analogue days. Read more.
Re-opened Autonomy launches fund trading on tech disruption
Autonomy Capital, which has started to take in outside capital again, has extended its range with the launch of a new unit trading on global technology disruption trends.
Autonomy Stellar, which will be informed by “drivers of new systems transformation,” is being launched following two years of collaboration between Autonomy founder Robert Gibbins and Tony Seba, co-founder of RethinkX. Read more.
Hedge fund launch update
News that a third firm is set to start trading with at least $1bn has added to a sense in the industry that 2025 — despite delays sparked by volatility earlier in the year — could be another strong one for new launches. Read more.
Marex adds senior hire to outsourced trading team
Serhan Eryuksel, formerly EMEA head of business development for the UBS outsourced trading platform, has joined Marex’s outsourced trading team.
Based in London, Eryuksel will focus on sales in the UK, Europe and MENA. He has three decades of experience, half of which at UBS, mainly in senior sales and equity trading roles. Read more.