Former head trader at shuttered London hedge fund Sloane Robinson has joined Newton Investment Management, sources familiar with the matter have told The TRADE.
Buy-side veteran Jason Reeve joins Newton in an unconfirmed title after previously spending 21 and a half years as a partner and head of trading at Sloane Robinson.
The hedge fund shuttering at the end of 2020 after seeing a rapid decline in assets under management exacerbated by the pandemic and a subsequent dramatic slowdown in emerging market economies.
Newton Investment Management had not responded to a request for comment at the time of publishing.
Under Reeve’s stewardship, the hedge fund’s desk was shortlisted for The TRADE’s Leaders in Trading emerging markets trading desk of the year award in 2018.
Prior to joining Sloane Robinson, Reeve also spent over a decade at Nomura Asset Management as a trader.
It’s the second major buy-side move in the last few weeks after it was confirmed that BlackRock’s director of EMEA equity trading at left in February to join hedge fund Millennium in an index rebalancing role.