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Jain's Fund to Manage Money Just for Millennium

Key Points

Bobby Jain's multistrategy hedge fund made about $1.8 billion in trading profits over two years while managing other clients' capital. Now it's going to manage money exclusively for Millennium Management. Bloomberg's Hema Parmar reports.

Bobby Jain's multistrategy hedge fund made about $1.8 billion in trading profits over two years while managing other clients' capital. Now it's going to manage money exclusively for Millennium Management. Bloomberg's Hema Parmar reports. (Source: Bloomberg)
Jain's Fund to Manage (ORG) Bobby Jain's (PERSON) Millennium Management (ORG) Bloomberg (ORG) Hema Parmar (PERSON)
Originally published by Bloomberg Markets Read original →