Brevan Howard Readies Geneva Office For Open

Feb 9 2010 | 10:20am ET

Brevan Howard Asset Management’s new Switzerland office could house as many as 100 staffers seeking to escape higher taxes in the U.K.

Brevan Howard, Europe’s largest hedge fund firm with more than US$27 billion in assets, has acquired office space in Geneva and will open the new office soon, the Financial Times reports. Individual staffers—most of whom are currently based in London—will have the option of moving to Switzerland and working out of the new office.

“BHGH and the manager believe that the Geneva office will be a valuable addition to their global group of investment managers and will provide access to high-quality staff and infrastructure,” Gunther Thomas, CEO of Brevan Howard’s offshore holding company, wrote to investors. “In 2010, it will continue to seek further opportunities to strengthen and diversify its access to talent and resources on a global basis to ensure that all Brevan Howard managed funds remain positioned to exploit trading opportunities.”

It is unclear just how many of the firm’s staff will take advantage of the Geneva opportunity, but the FT reports the new office will be the base for between 50 and 100 traders and staff.


In Depth

Q&A: Star Mountain's Brett Hickey On Investing In 'The Growth Engine Of America'

Sep 22 2017 | 5:06pm ET

Lower middle-market companies form the economic fabric of the nation, but they can...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

 

From the current issue of