By Nell Mackenzie
LONDON (Multibagger) - Hedge fund Citadel announced the hiring of new London-based portfolio managers for its Fixed Income and Macro business, signaling a strategic expansion in the financial market. The $63 billion hedge fund is set to welcome Bernard Singer and Ravi Vinda, both joining from Brevan Howard, as well as Christine Boykiw from Barclays, starting from mid-2025 and November respectively.
These new hires are part of Citadel's ongoing efforts to strengthen its bond and economic trading program, with plans to integrate Vinda and Boykiw into Sam Finkelstein's portfolio development programme. Finkelstein, previously from Goldman Sachs Asset Management, leads the fixed income and macro business for developing portfolio managers at Citadel.
Unlike some multi-strategy hedge funds, Citadel emphasizes collaborative teamwork over isolated "pods" within the organization. The company's statement highlighted the importance of attracting top talent and investing in their professional growth to drive long-term performance.
According to a note from Goldman Sachs, multi-managers like Citadel have been ramping up headcount, with an estimated 2,400 new hires added over the last 12 months, representing a nearly 15% increase.