Key Takeaways
- • Brevan Howard Asset Management is preparing to open a Tokyo office this summer, according to Bloomberg, as part of a broader push into Japan's resurgent markets.
- • The firm will initially operate from temporary space in the Shin-Marunouchi Center Building while it searches for a permanent location in a constrained Tokyo office market.
- • Brevan Howard is actively recruiting traders focused on Japanese government bonds, yen swaps and rates volatility strategies, per sources familiar with the plans.
- • The move marks a return to Tokyo after a small research presence in the mid-2000s, but this time with investment and trading capabilities on the ground.
- • The firm manages approximately $11.7bn in its flagship Master Fund and $11.3bn in its Alpha Strategies Fund; it declined to comment on the expansion.
Summary
Jersey-headquartered hedge fund Brevan Howard Asset Management is preparing to open an office in Tokyo this summer, according to a report by Bloomberg. The expansion is part of a broader effort to capture trading opportunities in Japan's resurgent markets.
The firm plans to start out in temporary space in the Shin-Marunouchi Center Building while it looks for a permanent site in a tight office market. Sources familiar with the plans say the firm is actively recruiting investment professionals, including traders focused on Japanese government bonds, yen swaps and rates volatility strategies.
The move is a return to Tokyo for Brevan Howard, which previously maintained a small research presence in the city in the mid-2000s. The new office, however, signals a more substantive commitment with investment and trading capabilities on the ground.
The expansion follows renewed global interest in Japan as inflation returns, revitalising domestic rates markets, and corporate governance reforms continue to support investor returns and deal activity. Tokyo has been positioning itself as a stronger financial hub, competing with other major Asian centres. Brevan Howard joins a growing list of alternative asset managers and global firms increasing their footprint in Japan or building dedicated teams.
The firm manages approximately $11.7bn in its flagship Master Fund and $11.3bn in its Alpha Strategies Fund. Brevan Howard reportedly declined to comment on the expansion plans.
The firm plans to start out in temporary space in the Shin-Marunouchi Center Building while it looks for a permanent site in a tight office market. Sources familiar with the plans say the firm is actively recruiting investment professionals, including traders focused on Japanese government bonds, yen swaps and rates volatility strategies.
The move is a return to Tokyo for Brevan Howard, which previously maintained a small research presence in the city in the mid-2000s. The new office, however, signals a more substantive commitment with investment and trading capabilities on the ground.
The expansion follows renewed global interest in Japan as inflation returns, revitalising domestic rates markets, and corporate governance reforms continue to support investor returns and deal activity. Tokyo has been positioning itself as a stronger financial hub, competing with other major Asian centres. Brevan Howard joins a growing list of alternative asset managers and global firms increasing their footprint in Japan or building dedicated teams.
The firm manages approximately $11.7bn in its flagship Master Fund and $11.3bn in its Alpha Strategies Fund. Brevan Howard reportedly declined to comment on the expansion plans.
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