Wadhwani Asset Management, the London-based quant macro investment firm headed by former Bank of England monetary policy committee member Sushil Wadhwani, has formed a strategic partnership with Caxton Associates, the long-established $10 billion New York-based macro trading and investment firm led by Bruce Kovner.
Under the terms of the agreement, Wadhwani will become a partner at Caxton – which also has offices in London and Sydney...