Japan’s biggest investment bank Nomura has appointed David Seif as its chief economist for developed markets, reporting to Rob Subbaraman, head of global macro research, and Paul Nikodem, head of US fixed-income research.

Prior to joining Nomura, Seif, who will be based in New York, worked as the chief of global economics at Brevan Howard Asset Management. Prior to this, he served in senior economist roles at Point72 Asset Management and Paulson & Co.

“Seif’s appointment underscores Nomura’s commitment to producing cutting-edge macro research,” Subbaraman says, “and his past 15 years of experience working at major hedge funds will help provide our clients with unique perspectives and actionable ideas.”

Darren Shames, Nomura’s head of global markets America sales and co-head of G10 global rates sales, adds: “As our economic platform relies heavily on strong fundamental views, along with unique perspectives on positioning, we are confident that the breadth and depth of Seif’s expertise will be complementary to our economics offering, while allowing us to develop valuable insights that will be relevant for all client types.”