Russia Hands Ready New Hedge Funds

Oct 28 2013 | 12:25pm ET

A pair of UBS veterans has founded a hedge-fund firm with two other industry players.

Al Breach and Charles Hill set up Gemsstock in the U.K. last month. The new firm would seem to have a Russian bent: Breach, Hill and Florian Fenner, Gemsstock's third partner, all have Russian experience.


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