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VisitWill Point72 appoint a new co-CIO by end of 2024?
Yes • 50%
No • 50%
Official announcements from Point72
Steve Cohen Steps Away from Trading at Point72, Marking End of an Era
Sep 17, 2024, 08:09 PM
Steve Cohen, the billionaire founder of Point72 Asset Management, has announced that he will stop trading for the hedge fund. Despite stepping away from the trading floor, Cohen will remain as the co-chief investment officer (co-CIO) of the firm. This marks the end of an era and a significant shift in his role at Point72, where he will now focus on the firm's growth and mentoring talent. Point72 currently manages $35.2 billion in assets. Cohen, who is 68 years old, will no longer be investing clients' capital directly.
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Yes, internal promotion • 25%
Yes, external hire • 25%
No, current CEO remains • 25%
No, but interim CEO appointed • 25%
John Ray III • 25%
Sam Trabucco • 25%
Unknown external candidate • 25%
Other • 25%
Yes • 50%
No • 50%
Howard Lutnick steps down • 25%
Other executive changes • 25%
No changes • 25%
Other outcome • 25%
Financial Services • 25%
Other • 25%
Technology • 25%
Healthcare • 25%
Increase in alternative investments • 25%
Increase in equities • 25%
No significant change • 25%
Increase in fixed income • 25%