STOCKS | Millennium Management Recruits Talent from Citadel Amid Asset Growth

Millennium Management has recruited four stock pickers from Citadel, highlighting the ongoing competition among multistrategy hedge funds for skilled personnel. Bloomberg posted on X, noting that this move comes as Millennium seeks to bolster its team to manage increasing assets. The recruitment underscores the fierce rivalry between hedge fund giants as they strive to enhance their investment capabilities and maintain growth momentum.