Fresh from a restructuring program in which founder Chris Rokos assumed oversight of all of the trading at his eponymous firm (as opposed to the 70% he was overseeing previously), Rokos Capital Management has hired a few new staff. Some are junior and come from banks.
Two of the new recruits arrived this month. George Mihail Mandres joined as an assistant portfolio manager in rates and cross asset volatility from Goldman Sachs, where he'd been working for around two and a half years as a credit index trader. Ed Harding joined as an assistant portfolio manager from Barclays, where he'd been a credit trader for nearly three years.
Rokos also added some more experienced talent. In October Daniel Escobar joined from Capula, where he was a portfolio manager (after previous spells at BlueCrest and the now defunct Arrowgrass). Escobar's arrival followed that of veteran trader Jason Feasey, who joined in May after last being seen at BlueCrest.
While new staff have arrived, existing staff have been leaving. The Financial Conduct Authority register suggests that Rokos parted company with Philip Scott, its chief operating officer, in October. Portfolio manager Veronica Vaso also seems to have left the London office in September. Neither Scott nor Vaso responded to a request to comment.
Other exits include Dusan Milijancevic, an assistant portfolio manager, who left Goldman Sachs to join Rokos in May 2018 and then left 17 months later in October 2019.
At the time of its most recently published accounts Rokos had 17 partners in London, up from 10 one year earlier. The highest paid partner - which was a Jersey-based company rather than an individual, was paid nearly £9m for the year.
Have a confidential story, tip, or comment you’d like to share? Contact: email@example.com in the first instance. Whatsapp/Signal/Telegram also available.
Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)
Photo by Russ Martin on Unsplash