Reported 2 months ago
Brevan Howard Asset Management has hired Andrew Saxton and David Nash for its Asia credit division, just months after a significant global workforce reduction. Saxton, formerly of Dymon Asia Capital, and Nash, who helped build the credit team at Modular Asset Management, will contribute to Brevan Howard's growing focus on credit trading and investment. Despite recent job cuts and other cost-reduction measures, the firm has seen a rebound in assets and reports profitability in its flagship hedge fund, which has gained 2.3% in early August.
Source: YAHOO