Steven Cohen Consolidates Quant Operations at Hedge Fund

Posted on 12/03/2020


Hedge fund honcho Steven A. Cohen is consolidating the systematic operations by moving his Fusion quantitative portfolio into Point72 Asset Management LP’s computer trading business, Cubist Systematic Strategies, LLC. Cohen is looking to save costs and consolidate the intellectual capital of the various units. Furthermore, Matthew Granade, who oversaw Fusion, will leave along with his […]

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