Ken Griffin’s $30 billion Citadel has cut several stock-pickers, joining some of the biggest names in the industry in shedding staff
|01/18/2019||Posted by BusinessMediaguide.Com under General World News||
- Citadel’s Surveyor Capital unit has axed long-short portfolio manager Adam Wolfman and his team of three analysts, sources tell Business Insider.
- Surveyor’s top stock-picking portfolio manager Jack Woodruff is also leaving the firm to start his own fund.
- Other multi-strategy managers like BlueMountain Capital and Jana Partners have gotten out of the stock-picking space altogether.
Surveyor Capital, an equities arm of Ken Griffin’s $30 billion Citadel, has axed long-time portfolio manager Adam Wolfman and his team of three analysts in December, sources tell Business Insider.
The poor year and a tough environment for traditional stock-pickers has also pushed other multi-strategy firms like Jana read more >>>