Morgan Stanley's European head of credit trading left Jain Global

Last year, Herbert Filho, Morgan Stanley's head of European credit trading and research, left the bank and joined hedge fund Jain Global.

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This year, he seems to have left Jain Global.

We have not spoken to Filho and Jain Global didn't respond to a request to comment. The FCA Register says Filho left Jain on February 2nd. Headhunters confirmed this.

It's not clear where he's going next. Filho is a popular figure in the market who was well liked at Morgan Stanley.

Bloomberg reported that Jain Global made $750m in trading profits last year. Bloomberg also said that much of that went to paying the front loaded expenses of its 50 trading teams.

Filho is likely to have options for his next seat. Before joining Morgan Stanley, he briefly worked with Dan Friedman at Goldman Sachs. Friedman is the new man to know in Millennium's credit trading business. 

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