Bill Miller, former head of European sales for hedge fund Winton Capital has joined Princeton-based CTA Drury Capital as head of global sales with responsibility to push further the Drury Capital brand in North America, Europe and the Far East.
Drury Capital (AUM 440 USD) was founded in 1997, by Bernard Drury and is a systematic longer term trend following manager CTA, with particular emphasis on commodity trading.
Miller is a well-known and highly respected figure on the CTA/managed futures stage and has a strong track record in this highly specialised sector.
Drury Capital has seen strong performance in the first quarter of 2012 enjoying an increase of eight percent.
Miller says: “ Although we have had strong growth of 8% in the first quarter, and I do anticipate there will still be volatile markets, I believe our strong diversification within the futures markets and specific emphasis on commodities, as well as our longer style of trading, will provide performance that will set
us apart from the rest of the market and deliver tangible results for our investors.”
Miller will be also responsible for setting up the Drury Capital London office, subject to FSA authorisation.