Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings.Largest Hedge Funds 2022/2023. This list shows the largest hedge funds by their estimated AUM (assets under management) according to their 13F filings with the SEC. Support Us. Nov 28, 2022 · These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/year These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/yearThe Field Street Capital Management was the largest hedge fund firm in the world as of 2023. The firm managed assets worth 297.96 billion U.S. dollars that year. It is no surprise that the leading ... Melvin Capital, which met the ire of retail traders due to a publicly disclosed put position on the video-game retailer, posted losses of 39 percent in 2021, according to a person with knowledge ...Ilana Weinstein on Hedge Fund Talent War, Bonuses. The IDW Group founder and CEO Ilana Weinstein comments on the hedge fund talent war and says it is going to be a "really interesting year" for bonuses in 2023. She speaks with Sonali Basak and Kailey Leinz on Bloomberg Television. (Source: Bloomberg) Could not download required scripts.Nov 30, 2022 · The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits.. The payout ... Dec 20, 2022 · December 20th, 2022, 2:03 PM PST. The IDW Group founder and CEO Ilana Weinstein comments on the hedge fund talent war and says it is going to be a "really interesting year" for bonuses in 2023 ... Centerview's second year analysts, for example, earned $310k according to Litquidity's reckoning; Goldman's earned $220k. Centerview's first year associates were on $580k; Goldman's were on $400k. Admittedly, this may be because Goldman's first year associates have a year's less experience. But for third year associates, there's still a $180k gap.Jan 6, 2015 · Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings. "A top BlackRock hedge fund has shifted its portfolio to put more bets on falling stock prices." Yahoo Finance. 2022. "Value Hedge Funds are Winning in 2022 Thanks to These 15 Stocks." CNBC. 2022. "Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%." AEI. 2021.Jan 18, 2022 · For first-year analysts, average compensation (salary plus bonus) has gone from $125,000 in 2019 to $142,000 in 2022, a nearly 14% increase. You can see the comparative salary trends in the two charts below, 2018’s on top, 2022’s below. 2018 Bulge Bracket Bank average compensation. Source: Wall Street Oasis 2018 Investment Banking Industry ... The percentage of hedge fund professionals who are guaranteed 100 percent of their bonus has moved up from 4 to 5 percent in 2012-2013, to 7 to 8 percent in 2015-2016, despite hedge fund underperformance during this time.VP2 - Modest increase in base + bonus; accruing carry at 50bps in Fund I. VP3 - Modest increase in base + bonus; accruing carry at 50bps in Fund I. Pr1 - Promotion; big increase base + bonus; Fund I starts paying carry ($75K); still accruing carry at 50bps in Fund I and offered 125bps in soon-to-be-raised Fund II. Pr2 - Modest increase base ... Proskauer, a leading international law firm, today released its 2022 Annual Review. The report provides a summary of significant changes and developments in the hedge fund and private equity industries from the past year. It also includes recommended practices that investment advisers should con...The newly appointed chief executive officer of Sculptor Capital Management Inc. would almost certainly make around $100 million a year, they told the hedge fund’s board. And if results were good ...Dec 20, 2022 · The IDW Group founder and CEO Ilana Weinstein comments on the hedge fund talent war and says it is going to be a "really interesting year" for bonuses in 2023. She speaks with Sonali Basak and Kailey Leinz on Bloomberg Television. Jun 2, 2022 · By adding the incentives, it goes up to 200,000 to 40,000 U.S. dollars. Quantitative researchers with experience of 5 to 10 years get a basic salary of 175,000 to 250,000 U.S. dollars. By adding a bonus, it goes up to 300,000 to 550,000 U.S. dollars. A quant strategist gets a salary of 225,000 to 400,000 U.S. dollars altogether. The Central Bank of Mexico, rating agency Moody’s and McKinsey’s own internal retirement fund, MIO Partners, are some of the less-expected hiring companies on the list. Source: Carnegie Mellon. The median compensation for the December 2021 graduating class was $120k with a $20k signing bonus. The maximum base reported was $175k and the ...Nov 28, 2022 · These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/year The $4-trilion community saw total capital inflows of $19.8 billion during the first three months of 2022, the highest quarterly inflow since the second quarter of 2015, according to hedge fund ...The $4-trilion community saw total capital inflows of $19.8 billion during the first three months of 2022, the highest quarterly inflow since the second quarter of 2015, according to hedge fund ...Dec 12, 2022 · Research Associate in HF - Event. Guess it's almost that time of year where #'s are getting communicated. Share below (if possible in below format). I'll get it started: YoE (since Grad / on Buyside ): 8 / 6. Strategy: Credit/Event. Total 2022 Comp (Base + Bonus): 750k (150 / 600) Total 2021 Comp: 1.1M. Notes: fund exp to be down 5-10% this year. Read the story. Said Haidar’s lesser known hedge fund made a big bet on inflation in 2022 — one that produced a 193% return for investors and netted him $859 million.It would be why managing directors at Barclays and JPMorgan have been leaving for Millennium before bonuses have been paid. Of course, not everyone earns the huge amounts. Millennium doesn't disclose pay numbers globally, but at its London office in 2021, average compensation for non-partners was £903k ($1.1m) per head.The Central Bank of Mexico, rating agency Moody’s and McKinsey’s own internal retirement fund, MIO Partners, are some of the less-expected hiring companies on the list. Source: Carnegie Mellon. The median compensation for the December 2021 graduating class was $120k with a $20k signing bonus. The maximum base reported was $175k and the ...Nov 8, 2022 · Proskauer, a leading international law firm, today released its 2022 Annual Review. The report provides a summary of significant changes and developments in the hedge fund and private equity industries from the past year. It also includes recommended practices that investment advisers should con... Feb 1, 2023 · Base salaries still progress from $175K to $225K at most firms, so lower bonuses explain most of this. To give you a rough idea of the total compensation numbers across levels at the large banks, factoring in deal flow and ranking/performance differences: Associate 1: ~$235K to $350K. Associate 2: ~$285K to $400K. Annual bonuses are one of the most important components of quant hedge fund compensation. To reduce the risk associated with joining, most hedge funds offer a minimum guaranteed bonus for the first year. It’s worth noting that this is just the minimum, and it’s still possible to secure a higher bonus in year 1.Greenwich, CT Based Hedge Fund Hiring a Senior Fund Accountant – $125,000 Base Salary + Bonus: 1: 2$100000 - $150000: 302/14/2023: Management Company Controller – $40B AUM Private Equity Fund – $200,000 Base Salary + Bonus: 1: 2$250000 + 301/25/2023: Treasury Associate Role – $40B AUM Hedge Fund – $125,000 Base Salary + Bonus: 1: 2 ... Nov 30, 2022 · The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits.. The payout ... The hedge fund operation made about $28 billion in revenue, while Citadel Securities, one of the world's biggest electronic-trading firms, brought in $7.5 billion. Record revenues from the hedge ...“If you lose $10m in bank, you go back to zero the next year, and you can get a bonus again,” he says. In hedge funds, losses linger. After multi-strategy hedge funds hired record numbers of bank traders last year, Donnelly wrote a popular piece in June 2021 titled ‘Day One Advice for Hedge Fund Portfolio Managers’. This included some ...Nov 28, 2022 · These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/year They got a backstop of $1 billion to help them get a return of more than 11%. But the $4 billion they’re contributing is over a six-year period that’s locked up, and it’s a much larger sum ...Nov 28, 2022 · These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/year Thousands of discussions with hedge fund analysts, associates, vice presidents and partners. ... London/Europe Buyside 2022 Comp: 99: 1h: 0: ... +Bonus: Get 27 ... Jan 11, 2023 · Equity hedge funds, where the bulk of the industry's roughly $3.7 trillion in assets are invested, however fared worse with a 10.4% loss, according to HFR data. The bonus differential increases with seniority. Six years in, bonuses for researchers at hedge funds increase to 215% of base, whereas at banks they top out at around 48%. The upshot is that at a researcher at a hedge fund with over six years' experience earns three times as much as a VP at an investment bank (£481k to £154k).Similar to private equity firms, hedge funds generally earn a 2% management fee plus 20% of profits. In hedge funds, compensation arrangements may vary, but at the junior level, typically consist only of a cash salary and a discretionary cash bonus. In many cases, the discretionary bonus makes up a larger portion of your total compensation than ...Jun 22, 2022 · In many cases, banks and hedge funds are hiring from commodities trading houses with the result that trading houses have spaces to fill and candidates have multiple offers, says Byrne. Pay is even increasing in the back and middle office: commodities middle office professionals who were on $85k to $100k two years ago are now pushing $120k to $135k. The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits.. The payout ...Still, hedge fund professionals with equity strategies are expected to suffer a 10% to 15% decline in their bonus packets this year compared with 2021. The bonus projections have generally ...Apr 27, 2022 · The $4-trilion community saw total capital inflows of $19.8 billion during the first three months of 2022, the highest quarterly inflow since the second quarter of 2015, according to hedge fund ... And then you have quant funds giving "400k" offers to kids out of undergrad to be competitive with FAANG, and people assume that's annualized + increasing, when in reality it looks more like 150 base + 150 first year bonus + 100 signing bonus, which immediately falls down to 150 base + no guarantees after your first year.Dec 9, 2022 · This year, one oil trader scored a $5 million signing bonus after joining a multi-strategy hedge fund. It’s far from the only massive number. Signing bonuses in the $1 million to $5 million ... Nov 28, 2022 · These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/year Olly Thompson, a London based trading technology headhunter, says C++ coding in a hedge fund is the highest paying technology job available in the financial services industry. For C++ engineers in London, earning £500k ($687k) in the form of a £200k basic plus a £250k-£300k bonus is "100% achievable," he says.Jun 22, 2022 · In many cases, banks and hedge funds are hiring from commodities trading houses with the result that trading houses have spaces to fill and candidates have multiple offers, says Byrne. Pay is even increasing in the back and middle office: commodities middle office professionals who were on $85k to $100k two years ago are now pushing $120k to $135k. Financial News notes that Goldman Sachs cut its accrued spending on compensation per head in London from $644k for the first six months of 2021 to just $265k for the same period of 2022. It's tempting to think this is the result of terrible bonuses to come for people in Goldman's London investment banking division, but this seems unlikely.The typical bonus size is between 15 percent and 25 percent of the profits a hedge fund manager is responsible for producing at the firm. Bonuses are a year-end phenomenon, as they reflect the ...The billionaire hedge fund manager Sir Chris Hohn paid himself a record-breaking $690m (£574m) this year after his Children’s Investment (TCI) fund recorded a a surge in profits.. The payout ...Dec 12, 2022 · Total 2022 Comp (Base + Bonus): 750k (150 / 600) Total 2021 Comp: 1.1M. Notes: fund exp to be down 5-10% this year. YOE buyside: 13. strategy: multi asset/quant. 2022 comp: $5.5mm ($500k base / $5mm bonus) Compensation Guides. WSO leverages our proprietary salary data collected directly from finance professionals in the WSO Company Database to give you detailed insight into compensation data and trends by industry, groups and firms. This includes salaries and bonuses collected across positions in investment banking, private equity, hedge funds ... Dec 28, 2022 · Neely says hedge funds interview based on "fit" and that this is typically a euphemism for shared upper-middle class pastimes. Women are shunted into the "mommy track" of sales and investor relations, where they're expected to wear “formfitting dresses and towering high heels” and to be "deferential" and "amicable" to clients. Dec 28, 2022 · Neely says hedge funds interview based on "fit" and that this is typically a euphemism for shared upper-middle class pastimes. Women are shunted into the "mommy track" of sales and investor relations, where they're expected to wear “formfitting dresses and towering high heels” and to be "deferential" and "amicable" to clients. Ilana Weinstein on Hedge Fund Talent War, Bonuses. The IDW Group founder and CEO Ilana Weinstein comments on the hedge fund talent war and says it is going to be a "really interesting year" for bonuses in 2023. She speaks with Sonali Basak and Kailey Leinz on Bloomberg Television. (Source: Bloomberg) Could not download required scripts.The $4-trilion community saw total capital inflows of $19.8 billion during the first three months of 2022, the highest quarterly inflow since the second quarter of 2015, according to hedge fund ...Nov 24, 2022 · The bonus differential increases with seniority. Six years in, bonuses for researchers at hedge funds increase to 215% of base, whereas at banks they top out at around 48%. The upshot is that at a researcher at a hedge fund with over six years' experience earns three times as much as a VP at an investment bank (£481k to £154k). Citadel the hedge fund and Citadel Securities, the market maker, are both hiring. So too is Jane Street and in some cases pay is up by 50%, according to a Hong Kong-based headhunter. This in turn is forcing banks to pay up for talent. “Hedge funds have been taking traders away and banks need to fill the gaps,” the headhunter added.Observations. Base Salary: Most top Private Equity Associates are going to make between $125k and $145k for their base salary. This is what goes into your bi-weekly paycheck. Bonus: The bonus is a lot harder to standardize, but from my personal experience and that of my peers, the bonus range is typically around 150-200% of the base salary ...Nov 16, 2021 · Projected 2021 bonuses on Wall Street. This year’s expected increases are the largest since 2009, when several business areas were projected to receive bonuses that were 30% to 60% higher than ... Jan 6, 2015 · Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings. Aug 4, 2022 · Johnson Associates have today updated their predictions for banking bonuses in 2022. While sales and trading bonuses are still looking good, the outlook for M&A bonuses has worsened. In May, Johnson thought they'd be down 15% to 20%. Now, a 20% to 25% drop is seen as more likely. The chart below shows Johnson Associate's changing prognostication. Oct 20, 2022 · That's bad news for the young hedge fund quant developers who've got used to earning enormous money. Salaries may remain at $200k. Those $400k bonuses could prove transient. Wagner says recent pay rises for hedge fund quant developers were “unusual” and “unsustainable”, and fanned by a rising stock market, increased venture capital ... Jul 11, 2022 · “If you lose $10m in bank, you go back to zero the next year, and you can get a bonus again,” he says. In hedge funds, losses linger. After multi-strategy hedge funds hired record numbers of bank traders last year, Donnelly wrote a popular piece in June 2021 titled ‘Day One Advice for Hedge Fund Portfolio Managers’. This included some ... The GP also earns back its initial $50 million investment. There are now $1.5 billion – $446 million – $111 million = $943 million in remaining proceeds from the investment profits. These are split 80 / 20 between the LPs and GP, so the LPs earn $754 million, and the GP earns $189 million. Top portfolio managers can now rake in over $10 million in sign-on bonuses at large multi-manager funds. In a race to attract and retain talent, hedge funds have begun to ramp up sign-on...“If you lose $10m in bank, you go back to zero the next year, and you can get a bonus again,” he says. In hedge funds, losses linger. After multi-strategy hedge funds hired record numbers of bank traders last year, Donnelly wrote a popular piece in June 2021 titled ‘Day One Advice for Hedge Fund Portfolio Managers’. This included some ...Hedge Fund Definition: A hedge fund is an investment fund that raises capital from institutional and accredited investors and then invests it in financial assets – usually liquid, publicly traded assets. In simple terms, a hedge fund is an investment firm that seeks out alternative investments to beat the overall market or reduce the risk of ...REUTERS/Brendan McDermid Reuters. NEW YORK (Reuters) - U.S. hedge funds that focus broadly on technology investments are bracing for heavy losses this year as gloomier economic data sparked a ...Jul 5, 2023 · Net P&L before bonuses is $28MM. Overall bonus compensation is ~15% of the net P&L, so $4.2MM to be allocated. Team of four (two junior analysts, one senior analyst, one PM) Two junior analysts get ~$125K bonus (so all in comp around $250-300K) Senior analyst gets a $350K bonus (~$500K total comp) PM left with remaining $3.45MM for himself. Compensation Guides. WSO leverages our proprietary salary data collected directly from finance professionals in the WSO Company Database to give you detailed insight into compensation data and trends by industry, groups and firms. This includes salaries and bonuses collected across positions in investment banking, private equity, hedge funds ... 2 $3.2 Billion Israel (Izzy) Englander Millennium Management. Griffin’s archrival takes the No. 2 spot for the second straight year after Englander’s funds gained 12.4 percent in 2022.Jul 26, 2023 · Hedge fund analysts and researchers: Analysts spend their days poring over the financials of the companies and financial products hedge funds invest in. They help determine the fund’s investment strategy. Hedge fund traders: You might think being a trader in a hedge fund is the most exciting job there is. You may well be wrong. Proskauer, a leading international law firm, today released its 2022 Annual Review. The report provides a summary of significant changes and developments in the hedge fund and private equity industries from the past year. It also includes recommended practices that investment advisers should con...2 $3.2 Billion Israel (Izzy) Englander Millennium Management. Griffin’s archrival takes the No. 2 spot for the second straight year after Englander’s funds gained 12.4 percent in 2022.We don't have pod by pod data but we’ve trawled through companies house (the UK register of private companies) to pull the compensation and employee numbers for 20 of the biggest hedge funds in the world in London. Their average pay per head is in the chart below. It’s worth noting that these numbers include all staff at the fund, including ...The bonus pool at some of Wall Street’s largest banks — Goldman, JPMorgan Chase, Citigroup, Bank of America, Morgan Stanley and Barclays — is expected to drop 30 to 50 percent from last year.Jan 6, 2015 · Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings. VP2 - Modest increase in base + bonus; accruing carry at 50bps in Fund I. VP3 - Modest increase in base + bonus; accruing carry at 50bps in Fund I. Pr1 - Promotion; big increase base + bonus; Fund I starts paying carry ($75K); still accruing carry at 50bps in Fund I and offered 125bps in soon-to-be-raised Fund II. Pr2 - Modest increase base ... Last year, Millennium Capital Ltd. employed 566 people (237 professionals and 304 'admins'), up from 428 in 2020. It paid them a total of £511m, or a very generous £903k ($1m) per head. This was 4% more than in 2020. The 16 partners at Millennium Capital Partners LLP also did pretty well for themselves. When salaries and profits available for ...Johnson Associates have today updated their predictions for banking bonuses in 2022. While sales and trading bonuses are still looking good, the outlook for M&A bonuses has worsened. In May, Johnson thought they'd be down 15% to 20%. Now, a 20% to 25% drop is seen as more likely. The chart below shows Johnson Associate's changing prognostication.Dec 2, 2022 · Top traders have alternatives: hedge funds like Verition Fund Management, Citadel, Millennium, Brevan Howard and Balyasny will be only too pleased to scoop up Goldman's disaffected traders. The exit of Anthony Dewell, Goldman's top oil trader, to Millennium in October stands as a warning: the best traders will expect to be paid. The bonus differential increases with seniority. Six years in, bonuses for researchers at hedge funds increase to 215% of base, whereas at banks they top out at around 48%. The upshot is that at a researcher at a hedge fund with over six years' experience earns three times as much as a VP at an investment bank (£481k to £154k).
The $4-trilion community saw total capital inflows of $19.8 billion during the first three months of 2022, the highest quarterly inflow since the second quarter of 2015, according to hedge fund .... Stores near sam
Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings.And the bonus gap only widens with seniority, with researchers at hedge funds averaging 215% of base after six years, whereas bank bonuses top out at around 48%, leaving hedge fund researchers earning as much as three times more than an investment bank (£481k v £154k).Jul 26, 2023 · Hedge fund analysts and researchers: Analysts spend their days poring over the financials of the companies and financial products hedge funds invest in. They help determine the fund’s investment strategy. Hedge fund traders: You might think being a trader in a hedge fund is the most exciting job there is. You may well be wrong. Aug 4, 2022 · Bankers involved in underwriting securities face bonus cuts of 40% to 45% or more, according to the report, while merger advisors are in line for bonuses that are 20% to 25% smaller. Those in ... Jul 22, 2022 · "A top BlackRock hedge fund has shifted its portfolio to put more bets on falling stock prices." Yahoo Finance. 2022. "Value Hedge Funds are Winning in 2022 Thanks to These 15 Stocks." CNBC. 2022. "Tiger Global drops 14% in May during the tech sell-off, pushing hedge fund’s 2022 losses to over 50%." AEI. 2021. Hedge fund analysts and researchers: Analysts spend their days poring over the financials of the companies and financial products hedge funds invest in. They help determine the fund’s investment strategy. Hedge fund traders: You might think being a trader in a hedge fund is the most exciting job there is. You may well be wrong.Insider complied a list of 11 managers to know as the new year approaches. The list includes big-name managers, new launches, and under-the-radar funds. 2021 was a stressful year for hedge funds ...Total 2022 Comp (Base + Bonus): 750k (150 / 600) Total 2021 Comp: 1.1M. Notes: fund exp to be down 5-10% this year. YOE buyside: 13. strategy: multi asset/quant. 2022 comp: $5.5mm ($500k base / $5mm bonus)These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/yearAug 4, 2022 · Johnson Associates have today updated their predictions for banking bonuses in 2022. While sales and trading bonuses are still looking good, the outlook for M&A bonuses has worsened. In May, Johnson thought they'd be down 15% to 20%. Now, a 20% to 25% drop is seen as more likely. The chart below shows Johnson Associate's changing prognostication. They got a backstop of $1 billion to help them get a return of more than 11%. But the $4 billion they’re contributing is over a six-year period that’s locked up, and it’s a much larger sum ...Last year, about half of the respondents in the Hedge Fund Compensation Report study reported making between $100,000 and $300,000. Less than 10 percent reported earning more than $1 million in cash compensation. So, most hedge fund professionals can expect to earn lower, but consistent, bonus pay.Jan 6, 2015 · Average Bonus: 55.0k. Total average compensation: 180.0k. All compensation data is courtesy of the 2018 Wall Street Oasis Hedge Fund Industry Report. Averages are calculated using compensation data from 79 different funds. Bayesian Statistics were used to account for standard deviation in rankings. These funds have generated robust returns, with the largest Composite fund returning an impressive 20.5% for the first eight months of 2022. Subscribe to newsletters Subscribe for $39.99/yearThe days of eye-popping bonuses for bankers are coming to a screeching halt. Wall Street payouts are expected to plummet by as much as 45% as financiers face economic headwinds and a looming ...Top traders have alternatives: hedge funds like Verition Fund Management, Citadel, Millennium, Brevan Howard and Balyasny will be only too pleased to scoop up Goldman's disaffected traders. The exit of Anthony Dewell, Goldman's top oil trader, to Millennium in October stands as a warning: the best traders will expect to be paid..