Duet Group, the financial group specialising in alternative asset management, has launched the Duet Commodities Fund.
Tony Hall, chief investment officer of the fund, will be managing the fund with his team of product specialists who will be focusing on metals and agricultural trading while Hall will focus on energy.
Hall brings over ten years of experience. Prior to joining Duet Group, he was global head of distillates oil trading at Credit Suisse-Glencore from 2008 to 2010, looking at opportunities in the commodities derivatives market.
Arno Pilz, head of metals trading for the fund, will be in charge of metals trading globally. He brings with him over 16 years of trading experience. Prior to joining, he was global head of metals Trading at both Lehman Brothers and UBS.
The fund will focus on detecting superior sources of returns in all commodities with emphasis on energy, metals and foreign exchange. A fundamental approach is used with macro-economic and physical market information, combined with various technical market indicators to generate fair values, forecasts and trading signals for commodity prices.
Alain Schibl (pictured), co-founder of Duet Group, says: “We believe in the long term attractiveness of investing in commodities particularly in current market volatility which offers opportunities to generate high returns. We are delighted by the launch of this fund and to have the addition of such talented and experienced individuals to run it. We believe that having a commodity fund is significant in taking the firm to the next stage.”