Brevan Howard has poached David Ghosh, a managing director and rates trader from UBS.
Regulatory filings show that Ghosh left UBS in January and joined Brevan Howard in April. He is one of a series of moves both in and out of the hedge fund over the past two months.
A trader focused on GBP rates and inflation trading, Ghosh spent 17 years at UBS. He joined the Swiss bank in 1999 as a Scandi rates trader and went on to work across sovereign CDS, Euro swaps and government bonds and emerging markets rates during his time at the bank. He joins Brevan Howard as a portfolio manager.
Meanwhile, Adrian Hilton, a portfolio manager on Brevan Howard’s Absolute Return Bond Fund Plus, which targeted large institutional investors, has left.
Hilton was a partner at Brevan Howard, and joined from Aberdeen Asset Management, where he was a portfolio manager on its interest rates team. He had worked at the hedge fund for nearly eight years until his exit in March.
Another significant departure at Brevan in recent months is Vinay Pande, a partner in New York, who left to take the role of global head of trading strategies at UBS in March.
James Fauset, a former head of hedge fund sales at Goldman Sachs who joined Brevan Howard in April 2014 and Asif Ghiawadwala, who was previously co-head of FX options at Westpac, both left in January.
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