Macro trader John Curtice has left Brevan Howard Asset Management less than two years after joining the hedge fund firm, according to people familiar with the matter, cites a report by Bloomberg.

Curtice, who was based in Geneva, joined Brevan Howard in February 2025 to trade within the firm’s flagship $11.2 billion Master Fund. He is known for running high-conviction leveraged macro strategies and previously worked at Millennium Management.

Brevan Howard’s Master Fund has faced pressure in its rates trading book over the past year, including during the first quarter of 2026, although gains in equities trading have helped offset some of the losses. The fund was up 3.7% through mid-May, while the firm’s BH Alpha Strategies fund gained 4.2% over the same period.

Curtice was previously one of Millennium’s most high-profile hires after the hedge fund reportedly offered him a compensation package worth more than $50 million to join from ExodusPoint Capital Management.

However, his tenure at Millennium proved short-lived after the firm reduced his trading capital following breaches of internal risk guidance. He departed the platform within a year.