Hedge fund Brevan Howard is adding traders from everywhere
Some of those traders have come from banks. Markus Hveem and Chris Almeida, who both joined earlier this month, came from JPMorgan and Bank of America respectively. Hveem was with JPMorgan for two years in Paris before taking up a PM role in Geneva for Brevan Howard and was with Swedbank in Stockholm before that. Almeida, meanwhile, left Bank of America after nearly ten years in Sydney, Hong Kong, and New York. He was an equity derivatives trader for BofA.
Some of the other traders have come from the buy-side. Cyril El-Adam was with Squarepoint Capital, the quant fund, for two years, as a rates PM, before joining Brevan Howard in London. Tom Connor, meanwhile, joined in New York after three years with Caxton Associates, the macro hedge fund.
Macro and rates traders are still popular with multi-strategy funds this year, despite a difficult year for macro. We’ve seen Millennium and Schonfeld adding top traders from banks, too, as well as Verition and the (only quite newly multi-strategy) Eisler.
Have a confidential story, tip, or comment you’d like to share? Contact: +44 7537 182250 (SMS, Whatsapp or voicemail). Telegram: @SarahButcher. Click here to fill in our anonymous form, or email firstname.lastname@example.org. Signal 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.)