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Stock impact report

Hedge Funds Brevan Howard, Millennium Boost Japan Trading Ranks [Yahoo! Finance Canada]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Most Read from Bloomberg Tomoki Kondo joined Brevan Howard as a Singapore-based portfolio manager in August, according to a person with knowledge of the matter and his LinkedIn profile. Millennium added Yasuhiro Hasegawa as a fixed-income portfolio manager, a person familiar said. Ryosuke Kaneda recently started a Japan rates-focused role at Capula Investment Management LLP, according to a person briefed on the matter and his LinkedIn profile. Representatives of the firms declined to comment. Hedge funds have been building up talent pools as monetary polices increasingly diverge among countries, creating more trading opportunities. Violent swings in the stock, rates and currency markets of the world's fourth-largest economy in July and August highlighted the need for skilled traders, especially ones that have navigated various market cycles. The Bank of Japan raised interest rates for only the second time in 17 years in late July and indicated more hikes were likely. The yen Show less Read more
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