Hedge fund Brevan Howard has briefed investors over plans to move some of its senior staff back to London.
The fund’s co-founder, Alan Howard, and various staff moved to Geneva in 2010. However the strength of the Swiss franc and apparent boredom with the Swiss lifestyle has prompted a rethink.
Brevan Howard is following in the footsteps of BlueCrest Capital Management’s chief executive, Michael Platt, who moved to Switzerland from the UK in 2010, and has since moved to Jersey.