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Ralph Shu returns to Millennium as yen rates trading heats up amid BOJ policy shift

Summary by Hedgeweek
Ralph Shu is set to rejoin Millennium Management as a senior portfolio manager focused on yen rates trading, marking another high-profile move in the increasingly active Japanese government bond trading space, according to a report by Bloomberg. Shu is returning to Izzy Englander’s $87bn hedge fund after nearly three years at ExodusPoint Capital Management. His Hong Kong regulatory license with the firm expired on May 8, according to the Hong Ko…
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Hedgeweek broke the news on Tuesday, May 26, 2026.
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