Brevan Howard has hired Robbie Anderson, Nomura’s former EMEA head of flow rates sales, as a portfolio manager, marking the hedge fund’s latest senior acquisition from investment banking, according to a report by Financial News London.
Anderson, who spent seven years at Nomura and 18 years prior at RBS in rates sales, joins billionaire Alan Howard’s $34bn hedge fund at a time when Brevan Howard’s Master Fund posted a modest 0.26% gain year-to-date, while its Alpha Strategies Fund has returned 6.56%.
The hire continues a trend of top bank traders moving to hedge funds, following former Goldman Sachs partner Rajesh Venkataramani earlier this month. Other Nomura alumni, including Ali Khan and Olek Gajowniczek, have also joined multi-strategy funds such as Balyasny, underscoring the ongoing migration of senior fixed-income talent from banks to the hedge fund industry.