Morgan Stanley has got a new(ish) head of CEEMEA (Central & Eastern Europe, Middle East and Africa) rates trading. And he's one of the growing number of traders who left banking for hedge funds and then came back again.
Volkan Dikmen has recently arrived at Morgan Stanley as head of CEEMEA rates trading according to this LinkedIn profile - although insiders suggest he's been there "a while."
The duration of Dikmen's tenure at MS isn't necessarily the issue though - what's pertinent is his career path, which seems to confirm that hedge fund careers aren't all that.
Dikmen spent six and a half years at Goldman Sachs before leaving to become a portfolio manager at Citadel in 2016. The Financial Conduct Authority (FCA) Register suggests he was at Citadel between July 2016 and September 2018. Since September 2018 he's presumably been twiddling his thumbs or sitting out on one of Citadel's infamous non-competes, before returning to banking.
Dikmen isn't the only bank trader who left for a hedge fund and then came back to banking. It's been happening increasingly in recent years. Dikmen's exit from Goldman Sachs came during a period of apparent discontentment in the U.S bank's emerging markets team. Hopefully things will be happier at Morgan Stanley.
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