Curated intelligence on quantitative finance

Ares Appoints Ogilvie as Chief Operating Officer and Head of Strategy - ABF Journal

Ares Appoints Ogilvie as Chief Operating Officer and Head of Strategy - ABF Journal

Amber Group CEO says digital identity is humanity’s biggest challenge at global engineering summit - Jamaica Observer

Amber Group CEO says digital identity is humanity’s biggest challenge at global engineering summit - Jamaica Observer

SoFi CEO defends decision to hold guidance steady

SoFi CEO Anthony Noto explained that the company declined to raise its full-year outlook due to macro uncertainty, not weakness in fundamentals.

Hundsun Technologies Q1 net profit surges 342.9% year-over-year

Hundsun Technologies reported exceptional Q1 2026 earnings growth of 342.9% YoY. Strong profitability growth demonstrates the fintech company's momentum in serving Chinese financial institutions across securities, funds, insurance, and banking sectors.

India's HFT Unicorn Graviton Goes Global as Foreign Rivals Dial Up Competition

Graviton Research Capital is expanding internationally to Singapore and London, leveraging its position as India's first billion-dollar quantitative venture. Founded in 2014 by Ankit and Nishil Gupta, the firm has built a $1B+ valuation through proprietary high-frequency trading strategies and now competes directly with global giants like Jane Street, Citadel Securities, and IMC Trading.

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle - CNBC

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle - CNBC

Corval Avenue hires Laurence Hart, ex-Macquarie Group exec as new CEO - Green Street News

Corval Avenue hires Laurence Hart, ex-Macquarie Group exec as new CEO - Green Street News

Blackstone invests €2 billion in European renewables developer Eurowind

Blackstone committed up to €2 billion ($2.3 billion) in renewable energy infrastructure investment through Eurowind Energy, a pan-European developer and power producer. Deal reinforces Blackstone's infrastructure strategy alongside their major data center portfolio expansion.

Blackstone creates AI-focused division, leadership shake-up in growth unit

Blackstone folded its growth business into a new West Coast division (Blackstone N1) focused exclusively on AI investments including OpenAI and Anthropic. Jas Khaira relocates from NY to SF as new head of Blackstone Growth; outgoing executive Jon Korngold represents leadership changes after mixed performance in tech startup investing.

TelstraSuper merges with Aware Super effective 30 April 2026

TelstraSuper will merge with Aware Super on 30 April 2026, with members becoming part of one of Australia's largest profit-to-member super funds. This major consolidation significantly increases Aware Super's scale and member base, creating a larger institution competing in Australia's superannuation market.

Bitfire Group acquires Avenir Group's investment team and trading systems for $1.6M

Bitfire Group, a Hong Kong-listed wealth manager, acquired crypto trading systems and staff from Avenir Group, the private investment arm of crypto billionaire Li Lin. Bitfire plans to launch a bitcoin-denominated asset management strategy called "Alpha BTC" targeting investments of over 10,000 bitcoins worth approximately $760 million within a year.

AustralianSuper takes 49.6% stake in graphite producer Syrah Resources

AustralianSuper completed a major $104 million equity investment in graphite producer Syrah Resources, securing a 49.6% stake after underwriting the full raise. The investment supports Syrah's processing facility in the USA and mining operations in Mozambique, representing significant infrastructure and critical minerals exposure for the fund.

TCS completes CHESS Release 1 clearing system upgrade for ASX

Tata Consultancy Services successfully delivered Release 1 of ASX's CHESS (Clearing House Electronic Subregister System) replacement program, a critical modernisation milestone for Australia's financial market infrastructure. This represents a major technology transformation step for the exchange's clearing and settlement capabilities.

Norway's $2.2T sovereign fund posts 1.9% Q1 2026 loss amid tech selloff

NBIM reported a negative return of 1.9% for Q1 2026, its first quarterly loss in four quarters. The loss underscores structural concentration risk in the fund's equity portfolio, as NBIM is the largest single shareholder in many of the world's most valuable technology companies. This reveals significant exposure concentration that affects fund stability for quant professionals managing similar global equity portfolios.

Seeks 36 new investment professionals; expands currency hedging flexibility

South Korea's NPS, the world's third-largest pension fund managing $870.6bn, is hiring 36 investment professionals including entry-level and experienced positions, while expanding its forex hedging rules to replace the fixed 15% cap with flexible baseline ratio to support the Korean won.

Q1 2026 revenue surges 14% YoY; secures SEC approval for tokenized trading

Nasdaq reported Q1 2026 net revenue of $1.4bn (14% YoY growth) with solutions revenue up 14%, and received SEC approval on March 18 to launch tokenized securities trading on Russell 1000 stocks and major ETFs, with 23/5 trading launch set for December 6, 2026.

Record €6.1bn profit and €24 dividend approved at 2026 AGM

Munich Re's Annual General Meeting on April 29 approved a record €24 per share dividend after the company posted a €6.1bn net result for 2025, exceeding its Ambition 2025 strategy targets. The firm also announced its new Ambition 2030 strategy with a €6.3bn profit target for 2026 and switched auditors from EY to KPMG.

Completes $4.3B Shriram Finance investment, eyes more Asia M&A

MUFG Bank completed its acquisition of 20% equity stake in Indian consumer lender Shriram Finance for $4.3 billion, the largest cross-border investment in India's financial services. New CEO Masakazu Osawa signaled continued acquisition appetite in Asia and non-bank financial targets.

Robinhood CEO says a ‘tokenization supercycle’ is underway - Fortune

Robinhood CEO says a ‘tokenization supercycle’ is underway - Fortune

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is betting that a new corporate structure can reignite growth at a company that has lost ground to Apple, Google and Stripe in the e-commerce battle.

BP Q1 2026 Profit Doubles on Oil Trading Surge Amid Iran War Volatility

BP delivered robust first quarter 2026 performance on April 28, 2026, with underlying replacement cost profit more than doubling to $3.2 billion despite significant geopolitical turbulence in the Middle East. The earnings surge was largely fueled by exceptional performance in oil trading, alongside gains in refining and midstream activities.

BlackRock brings $2.5B money market fund to crypto exchange OKX

BlackRock brought its roughly $2.5 billion money market fund to cryptocurrency exchange operator OKX, with Standard Chartered holding underlying assets. The tokens of the BlackRock USD Institutional Digital Liquidity Fund sit in regulated custody while available as collateral on OKX, allowing traders to post it as margin while earning interest. Signals convergence of Wall Street infrastructure and digital-asset markets.

Barclays Q1 2026: Fixed income traders lag US rivals; £228m MFS loan loss

Barclays reported Q1 2026 results with fixed income trading revenue flat year-on-year at £1.7bn, underperforming US competitors. The bank took a £228m credit impairment charge related to the collapse of specialized lender Market Financial Solutions. Investment banking income exceeded £4bn for the first time, but the bank lagged peers on capturing trading volatility.

Amundi launches Bitcoin ETP on European regulation framework

Amundi announced the launch of a Bitcoin ETP, based on European regulation and a 100% European ecosystem. The launch reflects Amundi's strategic focus on product innovation and expanding digital asset offerings to investors alongside its ETF platform growth.

Amundi records €32bn quarterly net inflows, highest in 4+ years

Amundi made a very good start to the year with record net inflows of +€32bn in the quarter. The net income and earnings per share posted strong growth at +15%, at levels close to their all-time highs. Strong performance driven by ETF & index solutions (+€24bn) and active management across all client segments and geographies.

AllianzGI closes Asia Pacific Infrastructure Credit Fund at $270m

AllianzGI announced the first close of its Allianz Asia Pacific Infrastructure Credit Fund with USD 270 million in commitments. The fund focuses on providing secured private credit solutions to infrastructure businesses across South and Southeast Asia, with cornerstone investors including the International Finance Corporation and Indonesia Investment Authority.

AllianzGI raises €200m for Kyotherm renewable heat projects

AllianzGI provided a €200m multi-currency debt facility to Kyotherm to refinance and expand renewable heat and energy efficiency projects, including acquisition of 11 projects from SEEIT bringing Kyotherm's capacity to 414MW. This demonstrates AllianzGI's growing infrastructure credit deployment across the energy transition sector.

How Citi’s $52mn hire was forced out of JPMorgan over his behaviour - Financial Times

How Citi’s $52mn hire was forced out of JPMorgan over his behaviour - Financial Times

Citadel founder to meet NYC leadership amid property tax tensions

Citadel founder and CEO Ken Griffin is set to meet New York State Governor Kathy Hochul on Thursday, as tensions continue to build over proposed tax changes targeting high-value second homes in New York City, according to a report by Reuters.

Deutsche CFO: Trading Started ‘Constructively’ in April

Deutsche Bank AG Chief Financial Officer Raja Akram discusses the lender’s performance in the first quarter as it posted higher-than-expected profit and revenue as income from trading held up and it earned more from asset management and retail banking. Akram says April “started constructively” after some jitters in March. He also discusses private credit and the uncertainty around the situation in the Middle East. Akram speaks to Bloomberg’s Oliver Crook.