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Stock impact report

Hedge Fund Verition Adds Yen Rates Trader Amid Hiring Blitz [Yahoo! Finance Canada]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
billion multi-strategy hedge fund firm expands in Asia, said people with knowledge of the matter. Most Read from Bloomberg Kobayashi will join a Singapore-based investment pod that includes Patrick Bonifant, a former Morgan Stanley managing director who started last year as a portfolio manager trading rates of G-10 nations, said one of the people, who asked not to be identified discussing private information. ADVERTISEMENT A Hong Kong-based Verition executive declined to comment, as did a spokesperson for Citigroup in Tokyo. Kobayashi, who was head of Japanese government bond trading at Citigroup, couldn't be reached. Hedge funds are snapping up yen rates specialists as the Bank of Japan's scrapping of negative interest rates and bond yield-curve control helps to revive trading opportunities. More than a dozen have left global banks in the past 18 months to join investment firms offering the prospect of higher pay, Bloomberg reported last month. Among other recent moves, A Show less Read more
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