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Duet Team CEO Osman Semerci Announces Two Senior Commodities Trader Hires for New Hedge Fund

Written By: admin - Aug• 22•13


LONDON (PRWEB) December eight, 2010

Duet Asset Administration, the London-primarily based alternative asset manager, is preparing to launch a new commodities hedge fund by employing Tony Corridor and Arno Pilz.

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Tony Hall is the global head of distillates oil trading at Credit score&#thirteen

Suisse-Glencore, a single of the world’s greatest commodity partnerships and has earlier worked as an oil trader concentrating on the banking companies commodity at Deutsche Bank.

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Arno Pilz delivers his commodities expertise as the former global head of metals trading at UBS and Lehman Brothers.

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A string of large-profile departures of senior traders have been having spot, as they anticipate the effects of the new banking regulation, which would ban proprietary investing operations in the U.S., whilst Europe traders face spend curbs. In July, European lawmakers pushed for limited limits on banker bonuses.

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Duet Group CEO, Osman Semerci said, we are happy to have Tony and Arno sign up for Duet.

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Background ON DUET

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Duet Group was launched by Henry Gabay and Alain Schibl in June 2002 in London. Osman Semerci joined as CEO in 2008. Duet is a London primarily based substitute asset management organization controlling more than US$ 2.three billion of fairness as of the 1st of September 2010, across 3 business locations: Hedge Money, True Estate and Fund of Hedge Cash.

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Duet Group employs seventy three professionals in London, New York, Tokyo, Singapore, New Delhi, Dubai and Istanbul.

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