A global macro and currency strategist who moonlights as an adjunct professor at NYU is departing Deutsche Bank for an undisclosed role on the buy-side. New York-based Sebastien Galy announced the news of his impending move on LinkedIn as he thanked his former colleagues at Deutsche Bank and Societe Generale. Galy declined to comment on his next destination.
Owner of a PhD in finance, Galy has been a familiar face over the years on Bloomberg TV and CNBC as an expert on fiscal trends. He was also featured in the Wall Street Journal for intertwining his coverage of currencies with the immediate aftermath of Hurricane Sandy.
Glay joined Deutsche Bank in 2015 as a director of FX strategy, according to Bloomberg. He had previous stops as a senior currency strategist at Societe Generale, BNP Paribas and UBS. Galy also teaches financial economics, engineering and dynamic analysis as an adjunct professor at NYU, according to LinkedIn. He has a master’s degree in economics to go along with his PhD in finance.
Macro hedge funds have been extremely active this year, poaching traders and strategists from both the buy-side and sell-side. Multi-strategy giant Point72 recently shifted additional resources to its macro team, adding five traders and analysts from Balyasny Asset Management in May.
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