Chicago-based alternative investment giant Citadel Group, which has made founder Ken Griffin a billionaire, has poached an Australian resources analyst to run its first discrete Australian long/short product from Hong Kong, in what the analyst says is “;the opportunity of a lifetime”;.
After six years as a resources and diversified financials analyst for the Credit Suisse Asset Management (CSAM) Sydney team, Kenneth Wan was approached by a headhunter working on behalf of Citadel earlier this year. On August 27, Wan will start with Citadel in Hong Kong, running an Australian industrials long/short portfolio. “;Citadel used to include Australian stocks in their Asian long/short portfolios, but they’ve carved out Australia with a view to taking advantage of increased volatility in this market, and potentially launching a wholesale fund in the near future,”; Wan said. Reporting to the head of Citadel’s Asian long/short strategy, Abinash Abraham, Wan said he would be visiting Australia “;one or two weeks a month”; as part of his new role. Meanwhile, CSAM’s fixed interest team has lost data cleanser Jian Cheng (also to a new role in Hong Kong), while Tamar Hamlyn has joined as an interest specialist working in Stuart Dear’s government bond team under overall fixed income head, Ben Alexander.
As super fund CIOs return to work for 2025, all eyes are on two things: Donald Trump’s presidency, and inflation. But they’re not the only issues that will drive investment decisions and returns, and some of them may present an unfamiliar set of challenges for a cohort of investment professionals that has grown up experiencing a particular set of market and economic conditions.
Simon HoyleJanuary 7, 2025
