People: Exodus of traders from Brevan Howard
Traders leave hedge fund after performance takes a hit in June fixed-income rout; HS Kim replaced at Commerzbank; Nomura poaches BAML equities team; Citi names new head of clearing for Europe; Braithwait takes risk role at JP Morgan
A number of traders are said to have left hedge fund Brevan Howard over recent weeks. The fund declined to comment on any moves, but market sources say as many as a dozen traders have moved on.
Interest rates trader Richard Armes, previously co-head of European interest rates at Morgan Stanley in London, is said by market sources to be one of those leaving the fund. Armes is listed as having left
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