Jain Global has hired Jon Stead, Morgan Stanley’s head of high-yield trading in London, in a move that could see the multi-strategy hedge fund expand its European credit trading operation, according to a report by eFinancial Careers.
Stead recently resigned from Morgan Stanley after leading its London high-yield trading business. Multiple sources have confirmed that he is joining Jain Global, although the hedge fund and Stead have not publicly commented on the move.
Stead is expected to help dev...
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