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Citadel and ExodusPoint see London macro departures amid industry shakeout
Citadel and ExodusPoint have seen a series of departures from their London macro trading teams as challenging market conditions put pressure on portfolio managers across the hedge fund industry, according to a report by eFinancialCareers. At Citadel, senior macro volatility portfolio manager Avi Tullu departed in September, just a year after joining from Pimco, while Simon Roach, a former head of EMEA rates trading at Merrill Lynch, left in October following more than a decade at the firm. The departures come amid reports that as many as 100 macro investment professionals have left or lost the
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