Brevan Howard is adding senior macro trading talent and potentially expanding its investment headcount, even as its flagship macro strategy has faced a turbulent trading environment, according to a report by eFinancial Careers.
The firm’s Master Fund, its primary macro vehicle, has reportedly experienced uneven performance in 2026, including a modest gain earlier in the year followed by a notable drawdown in March amid heightened geopolitical volatility linked to conflict in the Middle East.
While recent performance has not been fully disclosed, hiring activity suggests the firm is continuing to invest in its macro capabilities.
Brevan Howard has recently recruited several portfolio managers from major trading firms, including former UBS rates trader Jonas Klink, who specialised in sovereign, supranational and agency bond markets. Klink is currently believed to be on gardening leave.
The firm has also hired Mickael Sabban from Citadel Securities’ rates trading team in New York, as well as Ning Guo, previously a rates trader at Verition Fund Management who later worked at Citadel.
Both Sabban and Guo are understood to have joined Brevan Howard during May.
The new hires come amid ongoing uncertainty over the firm’s internal scale. Brevan Howard is believed to employ more than 150 investment professionals, though headcount estimates have fluctuated in recent years as the firm adjusts its risk-taking capacity and trading structure.
The expansion in macro personnel suggests a continued commitment to interest rate, FX and global macro trading strategies, even as performance across the sector has been impacted by volatile macroeconomic and geopolitical conditions.
Brevan Howard reportedly declined to comment on its hiring activity.
