Viking Global's longtime head of trading is stepping down from the $55 billion asset manager
Yahoo Finance·2026-01-10 01:57

Core Insights - Stuart Brown, the head of trading at Viking Global, is stepping down to take a career break after 18 years with the firm [1][2] - Viking Global, which manages $55 billion in assets, has experienced a notable turnover in senior personnel recently [3][4] - The firm's performance has lagged behind the S&P 500, returning less than 9% in its flagship fund last year, which is lower than many of its peers [5][6] Group 1: Personnel Changes - Stuart Brown's departure marks another significant change in Viking's leadership, with his official departure date yet to be determined [2] - Other recent departures include Ning Jin, the former chief investment officer, and Andrew Genser, the former general counsel, indicating a trend of senior staff leaving the firm [3][4] Group 2: Firm Performance - Viking Global's investment strategy is less focused on technology compared to some of its peers, which has affected its performance during tech-driven market rallies [5] - The firm returned only 8.6% last year, trailing the S&P 500 and many other hedge funds in the Tiger Cub category [6]