Key facts
- BlueCrest has hired a former DRW trader to bolster its rates trading team.
- The asset manager established a city office more than two years ago.
- Talent acquisition was a key factor in the decision to open the office.
BlueCrest, identified as the world's second-largest asset manager, has strengthened its rates trading division with the addition of a former trader from DRW. The firm's strategic decision to establish a presence in the city over two years ago was driven by both the pursuit of talent and cost-saving considerations. This move underscores BlueCrest's commitment to building a robust trading infrastructure and attracting skilled professionals in key financial markets.