Brevan Howard Adds BofA Prop. Traders

Jan 27 2011 | 1:16pm ET

Brevan Howard Asset Management has snapped up a pair of credit traders from Bank of America Merrill Lynch, which is scaling back its proprietary trading operations.

Jason Feasey and Jenna Collins worked on the bank's Europe, Middle East and Africa credit prop. desk until late last year, Dow Jones Newswires reports. Feasey was head of structured credit trading for that region, while Collins, who reported to Feasey, covered asset-backed securities.

Both formerly worked at hedge fund Cairn Capital.

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