Goldman loses top trader whose pay rivalled Solomon’s $110m

[cesfx]

by earning money trading the index rebalancing.

Is this by having a portfolio that sort of mirrors an index, managed in the house, considering index rules of rebalancing?
So that maybe they can sort of anticipate some new names additions and outperform?

 

[newwurldmn]

Is this by having a portfolio that sort of mirrors an index, managed in the house, considering index rules of rebalancing?
So that maybe they can sort of anticipate some new names additions and outperform?

yea. But I’m sure it’s 2-3 levels deeper now.

 

[zdreg]

Is this by having a portfolio that sort of mirrors an index, managed in the house, considering index rules of rebalancing?
So that maybe they can sort of anticipate some new names additions and outperform?

Inside information?

 

[cesfx]

Inside information?

Well...

 

[murray t turtle]

Inside information?

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Bloomberg nicknamed him a ''rainmaker'';
must not literal, he's in commerce more than ag business .