Gareth John, former co-head of European credit trading at Morgan Stanley, is joining Point72 in London to spearhead a new European high yield trading strategy, according to a report by eFinancial Careers citing unnamed sources familiar with the matter.
His appointment has not been officially confirmed by the hedge fund, and John did not respond to requests for comment.
John spent nearly 14 years at Morgan Stanley, leaving in March 2023 amid a series of departures from the bank’s London credit trading desk. At Point72, his arrival signals a strategic expansion beyond the fund’s traditional investment grade European trading focus, moving into the increasingly competitive high yield space.
The hiring underscores a broader trend of top-tier credit trading professionals migrating from banks to hedge funds, where flexible capital and aggressive strategies can offer higher potential returns in a dynamic credit market environment.
