People Moves

Veteran US-based CTA group Millburn sets up shop in Europe to speed global growth


Barry Goodman
Veteran US-based CTA Millburn, one of the pioneers in the managed futures industry, is setting up shop in Europe for the first time as the latest step in the global expansion of the firm’s investor base and its growing range of systematic trading products.

The $2.1 billion group – which has been trading systematic and quantitative strategies for 40 years and has one of the longest and best track records in the business – is opening a London office and has hired BlueCrest principal Shezad Syed to lead its activities in the region