Thursday, 25 December 2014
Last updated 20 hours ago
May 22 2012 | 8:12am ET
Two Société Générale vets have joined forces to launch a multi-commodity discretionary hedge fund.
Frédéric Lasserre, who built and headed the SG commodity research and strategy team, and Christophe Cordonnier, who set up and led the bank's sales and structuring commodity investor business, are launching Paris-based Belaco Capital.
They will be assisted by François Beuzelin, who spent 12 years at SG, heading metals trading and working in a commodity fund.
“There is still unsatisfied demand from investors for absolute return on commodities,” said Cordonnier in a statement.
“We believe it is crucial to rely on solid expertise in trendless and highly volatile markets we experience during recessionary times,” said Lasserre.
Added Buezelin: “We think the combination of trading, fundamental research and financial engineering is the ideal mix to bring value to investors.”
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.