A former partner and money manager at Brevan Howard Asset Management has rejoined the firm.
Bloomberg reported that Klaus Oestergaard, who started December 1 and based in the firm’s Geneva office, is currently responsible for trading U.S. and European fixed-income securities at his new role in Jersey-based Brevan Howard.
Oestergaard, who first joined Brevan Howard in 2004 and made partner in 2007, told Bloomberg that he decided to return because “the markets are looking more interesting.”
According to The Hedge Fund Journal’s listing of the 50 largest European hedge funds, Brevan Howard surpassed Man Group as Europe’s largest hedge fund firm with approximately $40 billion in assets under management. Man Group, based in London, was knocked out of the top spot after its assets under management fell to $35.6 billion.