Morgan Stanley Strategist Said to Leave for Hedge Fund

April 25 (Bloomberg) -- Morgan Stanley’s Hidetoshi Ohashi, a Tokyo-based credit strategist and the head of fixed-income research, will leave the bank, according to Mika Watanabe, a bank spokeswoman.

Ohashi, 43, plans to leave at the end of June to start a hedge fund based in Singapore with a focus on Japanese corporate bonds and credit-default swaps, a person familiar with the matter said, asking not to be identified because the details are private.

Takehiro Sato, the investment bank’s chief economist for Japan, will take on Ohashi’s responsibilities as the head of fixed-income research and continue in his current role, Watanabe, a Tokyo-based spokeswoman at Morgan Stanley MUFG Securities Co. said when contacted by telephone today. The company is a Japan unit of New York-based Morgan Stanley.

Ohashi joined Morgan Stanley in September 2000 after leaving Nippon Life Insurance Co., Japan’s biggest life insurer, according to data compiled by Bloomberg.

To contact the reporter on this story: Yusuke Miyazawa in Tokyo at ymiyazawa3@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net