Friday, 1 August 2014
Last updated 4 hours ago
Apr 25 2012 | 2:16pm ET
Morgan Stanley's top fixed-income analyst in Japan plans to leave the bank and start a hedge fund.
Hidetoshi Ohashi will move from Tokyo to Singapore to launch the unnamed hedge fund, Bloomberg News reports. The new vehicle will invest in Japanese bonds and credit-default swaps.
Ohashi will leave Morgan Stanley at the end of June, after nearly a dozen years at the firm. He serves as head of fixed-income research and as a credit strategist, roles which will be filled by Takehiro Sato, who will also remain Morgan Stanley's chief economist for Japan.
Prior to joining Morgan Stanley, Ohashi worked at Nippon Life Insurance.