Morgan Stanley's veteran head of European foreign exchange and emerging markets trading has left to join BlueCrest Capital Management, becoming the latest senior Morgan Stanley trader to join a hedge fund this year.

Marcin Wiszniewski, who has worked at Morgan Stanley for 14 years, has joined the $18.3bn (€13.5bn) London hedge fund as a portfolio manager on its $500m BlueCrest Emerging Markets Fund. He will join on May 10.