Capula’s Systemic Trading Head Dai Is Said to Leave Fund
This article is for subscribers only.
Qiang Dai, who oversees systematic investing at London-based Capula Investment Management LLP, plans to leave the $13 billion hedge fund to pursue personal interests, according to a person brief on his decision.
Dai, 45, is leaving after serving as a partner at Capula for more than six years, said the person, who declined to be identified because the company is private. About 1 percent of Capula’s assets are invested in systematic trading, which typically use computers to find profitable patterns within financial data.