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.