Key Takeaways
- • Brevan Howard Asset Management plans to open a Tokyo office this summer, according to people with knowledge of the matter, as the global hedge fund expands its presence in Japan.
- • The firm will start with an interim office in the Shin-Marunouchi Center Building while it searches for permanent space in Tokyo's tight office market.
- • Brevan Howard is recruiting for several investment roles, including traders in Japanese government bonds, yen swaps and rates volatility.
- • The move joins a broader rush by global finance firms seeking to capitalize on trading opportunities in Japan.
Summary
Brevan Howard Asset Management, the Jersey, Channel Islands-based investment firm, plans to open an office in Tokyo this summer, according to people with knowledge of the matter. The move places the firm among a growing group of global finance giants seeking to capitalize on trading opportunities in the Japanese market, Bloomberg reported.
According to one of the people, who asked not to be identified because they were discussing private information, the firm will operate from an interim office in the Shin-Marunouchi Center Building while it looks for more permanent space. Tokyo's office market is tight, which makes securing long-term premises a constraint for new entrants.
The expansion is tied to hiring. Brevan Howard is recruiting for a number of investment roles, including professionals who trade Japanese government bonds, yen swaps and rates volatility. These strategies align with the firm's macro and rates focus and suggest that the Tokyo presence is intended to build out local trading capacity rather than serve as a purely administrative base.
According to one of the people, who asked not to be identified because they were discussing private information, the firm will operate from an interim office in the Shin-Marunouchi Center Building while it looks for more permanent space. Tokyo's office market is tight, which makes securing long-term premises a constraint for new entrants.
The expansion is tied to hiring. Brevan Howard is recruiting for a number of investment roles, including professionals who trade Japanese government bonds, yen swaps and rates volatility. These strategies align with the firm's macro and rates focus and suggest that the Tokyo presence is intended to build out local trading capacity rather than serve as a purely administrative base.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.