Wednesday, 29 June 2016
Last updated 6 hours ago
Sep 28 2012 | 12:21pm ET
Brevan Howard Asset Management's new U.S. business has hired Deutsche Bank's chief investment adviser.
Vinay Pande will join Brevan Howard U.S. Investment Management on Oct. 1, Bloomberg News reports. He and his team of three, which includes Gerald Lucas and two researchers, will manage money for the Brevan unit, which was set up in June and which will initially manage US$300 million.
Pande has been with Deutsche Bank since 2006. He joined the German firm from Caxton Associates, and formerly served as chief investment officer for the World Bank. Lucas was a senior investment adviser at Deutsche Bank.
Brevan Howard U.S. is based in New York.