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Goldman Sachs macro team makes hedge fund switch

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A London-based macro sales team at Goldman Sachs led by Nohshad Shah, Goldman’s co-head of EMEA interest rates sales, and managing director Ishaan Sethi, has jumped ship to join a hedge fund just weeks after bonuses were paid, according to a report by eFinancial Careers.

The hedge fund in question is thought to be Marshall Wace where Shah will reportedly be tasked with running the firm’s cross-asset macro team.

Another Goldman departee is said to vice president Frank Flight although his destination is believed to be Brevan Howard. 

According to eFinancial Careers’ sources, Shah, who joined Goldman from Deutsche Bank in 2015 and subsequently recruited Sethi, was hoping to be promoted to partner last November but missed out, as did co-head Marco Branca.

Flight joined Goldman in 2015 after graduating from Oxford.

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