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Ex-trader to launch oil-focused commodities hedge fund
Add BT as a preferred sourcePublished Mon, Oct 27, 2014 · 09:50 PM
London
AN energy trader with more than 20 years of experience in the industry is set to launch a new Geneva-based, oil-focused commodities hedge fund, entering the market as many money managers have been hit by a sharp drop in prices.
Stephen Smethurst, who managed oil trading for the US$600 million Black River Commodity Trading Fund, is set to launch the Zafiro Capital Commodities Trading Fund at the start of next month.
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