Millennium Management Hires Quant Trader Derrick Li as Risk Manager

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Millennium Management Hires Quant Trader Derrick Li as Risk Manager

Postby kreslik.news » Mon Aug 27, 2018 1:48 pm


Millennium Management, a global investment management firm, has hired quantitative analysis (quant) trader and researcher, Derrick Li, as a risk manager this month. According to his LinkedIn, Li has been tasked with an interesting responsibility in his new role.

Whilst Li will have the typical responsibilities of a risk manager, such as being responsible for the coverage of the equity derivatives market risk, he will also interview prospective portfolio managers and evaluate their trading strategies.

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It’s not clear if Millennium Management is one of the first hedge funds ... (read more)

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