Mortgage ABS research analyst Arthur Chu, formerly at Lehman Brothers, has left to join QVT Fund, a hedge fund owned by Deutsche Bank, according to published reports. Chu will assume the new position of analyst and trader at the QVT, reporting to Daniel Gold, managing director and head of the fund. An award-winning analyst while at Lehman, Chu reported to Andrew Sparks, head of strategy for fixed-income markets at Lehman.
Sean Sheerin has resigned from Fitch Ratings, taking a position at The Clinton Group as director of research for structured finance, covering ABS, CMBS and RMBS. At Fitch, Sheerin was senior director and head of the new-assets group. Sheerin, with a vast background in ABS research, has previously worked at Moody's Investors Service, Standard & Poor's and Duff & Phelps. At Clinton, Sheerin joins former colleague Paul McCarthy, currently a trader, who had worked in the new assets group at Fitch before joining Clinton in 2001. Sheerin is scheduled to begin March 10.