An audience member asked: How do smaller and emerging hedge funds utilize technologies to compete with larger funds that have better risk management, data and people?
While speaking at Waters USA, Apollo Wong, chief risk officer at one of those relatively smaller funds—Verition Fund Management, a Greenwich-based multi-strategy firm that manages $1.2 billion—was quick to respond.
"I do not agree with that question," he said. "I do not know why everyone thinks that a smaller hedge fund would hav
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails