Former Berenberg equity sales trader Matt Beswick has taken on a new position as equity and macro trader with Monaco Asset Management (IO hedge fund), The TRADE can reveal.
An independent wealth management company based in Monaco with assets under management of around $4 billion, Monaco Asset Management is made up of a shareholder base of local Monaco entrepreneurs, and since 2021 has shared a four-year agreement with Swiss wealth management firm Chenton SA to operate jointly.
Beswich joined Berenberg in May 2021, prior to which he worked in electronic trading with Credit Suisse for almost three years.