Morgan Stanley is the latest firm to benefit from a Goldman Sachs defection with Brett le Roux, a cross-asset hedge fund sales executive working in Goldman’s London office, joining the firm as an executive director, according to a report by eFinancial Careers.
Morgan Stanley is the latest firm to benefit from a Goldman Sachs defection with Brett le Roux, a cross-asset hedge fund sales executive working in Goldman’s London office, joining the firm as an executive director, according to a report by eFinancial Careers.
Le Roux, who spent nine years at Goldman, is the latest in a series of Goldman sales exec departures, including Christopher Henry, a rates sales ED who left this week to join Deutsche Bank, and the departure of two rates sales MDs earlier this month to join hedge fund Marshall Wace.
According to unnamed eFinancial Careers sources, this year’s sales bonus at Goldman were down more than trading bonuses and staff were disappointed to see bonuses fall below the increase in revenues seen last year.