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Nishant Kumar reports that Schonfeld Strategic Advisors is planning to open an office in Switzerland. The move aligns the hedge fund with peers establishing new operations in the European finance hub to attract talent.
Schonfeld’s decision follows increased activity by global hedge funds in European financial centers. Nishant Kumar recently reported that Balyasny hired a Goldman partner for a new top role as its assets under management reached $36 billion. He has also described how the real estate term ‘gazump’ is gaining traction among hedge fund professionals. These developments indicate continued expansion and adaptation within the sector.