Key Takeaways
- • Multistrategy hedge fund Verition has lost at least five macro traders in recent weeks, according to multiple sources cited by eFinancialCareers, including three former Nomura rates traders, a former Brevan Howard portfolio manager and an ex-UBS STIR trader.
- • Departed traders include Stanley Sun, Will Hirschmann and Grant Web (ex-Nomura, a macro/relative value pod based in New York), Ken Wang (ex-Brevan Howard, rates and relative value, joined 2024), and James Regan (former head of G11 STIR trading at UBS in London, joined 2024, left July 2026).
- • Regan has reportedly joined Millennium in New York, and Verition is reportedly in talks with Dubai-based Italian macro trader Antonio Belgioioso, who joined from Goldman Sachs in 2025.
- • Verition declined to comment; the earlier trimming of a trading run of two Goldman Sachs traders at the end of 2025 and the July 2026 exit of Damien Couture are referenced as prior reductions.
- • Verition continues to hire, including Chris Telfer, a macro credit portfolio manager from Athlone Investment Management, in London, as it expands into Eisler Capital's former office space.
Summary
Verition, the multistrategy hedge fund, has parted ways with at least five macro traders in recent months, according to eFinancialCareers. Verition declined to comment for the report, but multiple sources told the publication that three former Nomura rates traders who joined in 2022 have left. They are Stanley Sun, Will Hirschmann and Grant Web, who were believed to sit in a macro/relative value pod based in New York. Neither Sun nor Hirschmann responded to requests for comment.
The departures also include Ken Wang, a rates and relative value trader who joined from Brevan Howard in 2024, and a former UBS STIR trader. The report cites a former Brevan Howard portfolio manager among the exits. Earlier, Verition reportedly trimmed a trading run led by two Goldman Sachs traders at the end of last year, and Damien Couture was cut in July.
James Regan, a former head of G11 STIR trading at UBS in London who joined Verition in 2024 and left in July 2026, has reportedly moved to Millennium in New York. Verition is also reportedly in discussions with Antonio Belgioioso, a Dubai-based Italian macro trader who joined from Goldman Sachs in 2025. It is not clear whether he intends to leave.
The firm is still recruiting. In London, Verition has hired Chris Telfer, a macro credit portfolio manager from Athlone Investment Management. The fund recently expanded into Eisler Capital's former office space, leaving a number of seats to fill.
The departures also include Ken Wang, a rates and relative value trader who joined from Brevan Howard in 2024, and a former UBS STIR trader. The report cites a former Brevan Howard portfolio manager among the exits. Earlier, Verition reportedly trimmed a trading run led by two Goldman Sachs traders at the end of last year, and Damien Couture was cut in July.
James Regan, a former head of G11 STIR trading at UBS in London who joined Verition in 2024 and left in July 2026, has reportedly moved to Millennium in New York. Verition is also reportedly in discussions with Antonio Belgioioso, a Dubai-based Italian macro trader who joined from Goldman Sachs in 2025. It is not clear whether he intends to leave.
The firm is still recruiting. In London, Verition has hired Chris Telfer, a macro credit portfolio manager from Athlone Investment Management. The fund recently expanded into Eisler Capital's former office space, leaving a number of seats to fill.
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