Portfolio Leaders Resign World’s Largest Asset Company to Run Their Own Hedge Fund

Senior portfolio managers Michael Wong and Adam Grimsley have put in their two weeks notice at BlackRock. Wong was in charge of the asset allocation department and Grimsley was a fixed income specialist. The power duo have decided that they would like to open a cryptocurrency hedge fund. They are hoping that they can raise 10 million pounds in funds for the hedge fund. The firm has also hired an Oxford mathematician by the name of Nic Niedermowwe.

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