Morgan Stanley has combined its equity derivatives sales teams servicing hedge funds and asset managers in the U.S. Tom Levy, head of European equity derivatives sales in London, has transferred to New York to head the American division. Levy referred calls to Mark Lake, spokesman, who declined comment.
Jordi Visser, managing director who had headed up the hedge fund sales activity, left the firm earlier this year and is rumored to be starting a hedge fund (DW, 2/2).