Brevan Howard Said to Hire RBS Head Trader for Fixed Income

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Brevan Howard Asset Management has hired Michael Lyublinsky to run fixed-income trading in the Americas for the hedge-fund firm, according to a person with knowledge of the move.

Lyublinsky started Aug. 6 in New York, the person said. He had been global head of trading for Royal Bank of Scotland Group Plc’s investment bank in Stamford, Connecticut. Sarah Lukashok, a spokeswoman for the U.K.-based lender, confirmed his departure, declining to comment further.

Brevan Howard, which manages $27 billion, has been reshaping its staff after its main fund posted its first annual loss last year. The firm also hired Michele Foresti, who left Bank of America Corp. in December after failing to get regulatory approval for a role as the bank’s head of European fixed-income trading, a person with knowledge of that move said last month. Scott Eichel, RBS’s former head of securitized debt, also joined the hedge-fund manager this month.

The investment firm is run by billionaire Alan Howard, 51, a co-founder and senior trader for its flagship fund, which mostly deals in interest rates and currencies globally. The fund is up about 1.9 percent in 2015, said the person, who asked not to be identified because the results are private.

Lyublinsky didn’t return a telephone message left with a person who answered his phone number at Brevan Howard.

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