Goldman Sachs' London juniors are excited about equities exit opportunities

As we reported a few weeks ago, Goldman Sachs' emerging markets equities team has emerged as the perfect springboard for a job in hedge funds. 

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Now, juniors in the broader London equities team are also leaving, and some are not even trading equities in their new existence.

Goldman Sachs isn't commenting, but it's understood that Harry Dhindsa, an analyst on the London equities team, is joining Japanese commodities trading firm Marubeni, where it's he'll be trading energy. Tom Taylor, another analyst on the team, is understood to be joining electronic trading firm DRW, in equities. 

Juniors leaving Goldman Sachs is nothing new, but insiders claim the latest exits are a source of excitement given the various previous disappearances from the London equities team. "There's more upside elsewhere," insists one. 

Declan Browell, an associate on the London emerging markets equities team, joined Millennium in Dubai in April.

People who've left Goldman, say that once one junior trader quits for a hedge fund or electronic platform, it inspires others to look outside too. Goldman has also lost various senior people from its sales and trading business to multistrategy hedge funds and platforms in recent years, including self-professed grinder Jim Esposito, former head of US fixed income currencies and commodities (FICC) distribution, Avanish Bhavsar and Justin Gmelich, the former global head of credit trading and COO for FICC. Esposito and Bhavsar are at Citadel Securities.  Gmelich is now at Millennium.

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