Matteo Sardo, a rates-focused portfolio manager who previously worked at Taula Capital Management, has withdrawn from an agreement to join Point72 Asset Management and instead is returning to Millennium Management, according a report by Bloomberg.The report cites unnamed people familiar with the matter as saying that Sardo had accepted an offer to work for Steve Cohen’s Point72 before changing course and agreeing to rejoin Millennium. He is based in Milan, where Millennium has an office.Representatives for Point72 and Millennium reportedly declined to comment, while Sardo reportedly did not respond to requests for comment.The move comes amid an increasingly competitive battle among major hedge funds for experienced portfolio managers and other investment professionals. The practice of traders accepting one firm's offer before switching to another has become more common as managers compete for talent, particularly as longer non-compete periods limit the pool of immediately available portfolio managers.
Matteo Sardo, a rates-focused portfolio manager who previously worked at Taula Capital Management, has withdrawn from an agreement to join Point72 Asset Management and instead is returning to Millennium Management, according a report by Bloomberg.
The report cites unnamed people familiar with the matter as saying that Sardo had accepted an offer to work for Steve Cohen’s Point72 before changing course and agreeing to rejoin Millennium. He is based in Milan, where Millennium has an office.
Representatives for Point72 and Millennium reportedly declined to comment, while Sardo reportedly did not respond to requests for comment.
The move comes amid an increasingly competitive battle among major hedge funds for experienced portfolio managers and other investment professionals. The practice of traders accepting one firm's offer before switching to another has become more common as managers compete for talent, particularly as longer non-compete periods limit the pool of immediately available portfolio managers.
| # | Наименование новости | Тональность | Информативность | Дата публикации |
|---|---|---|---|---|
| 1 | Point72 extends investor exit period to three years | 0 | 9.18 | 25-09-2026 |
| 2 | Millennium taps Jera power trader | 0 | 5.9 | 05-10-2026 |
| 3 | Taula Capital down 9.4% as volatile rates market hits macro hedge funds | 0 | 9.98 | 25-09-2026 |
| 4 | Point72 appoints former JPMorgan equities risk chief to lead risk technology | 0 | 7.66 | 01-10-2026 |
| 5 | Millennium adds veteran fixed-income exec as senior adviser | 0 | 7.88 | 05-10-2026 |
| 6 | Millennium flat in September amid global bond sell-off | 0 | 9.2 | 02-10-2026 |
| 7 | QRT hires former Radiant World metals trader | 0 | 6.38 | 05-10-2026 |
| 8 | Trillion-dollar hedge fund borrowing boom drives Wall Street prime brokerage profits | 0 | 8.98 | 08-10-2026 |
| 9 | Jain Global adds two senior equity PMs in London | 0 | 6.96 | 06-10-2026 |
| 10 | Rokos up 4.2% in September as macro hedge funds navigate bond rout | 0 | 7.7 | 08-10-2026 |