Investing
Walleye Cuts Eight Traders Including Global Macro Head Dua
- Volatility traders Toffel, Prado, Couffignals among departures
- The hedge fund has returned more than 13% so far this year
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Hedge fund Walleye Capital has dismissed eight portfolio managers including global macro chief Anuraj Dua in another round of job cuts, according to people familiar with the matter.
The fund cut several trading positions across volatility, quant and macro strategies, with Robert Toffel, Julien Prado, Eric Couffignals, Jessica Vanquin and Nikolaos Stathopoulos among those leaving, said some of the people, who asked not to be identified discussing personnel. The cuts were in roles managing less than 1% of the firm’s risk exposure, the people said.