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Veteran FX trader resurfaces at hedge fund-focused brokerage

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Hedge funds trading FX may soon find a familiar voice on the other end of the line with Robert Diehl, a seasoned FX trader with nearly three decades of experience across major banks, having taken on a broking role at Caventor Capital according to a report by eFinancial Careers.

Diehl, who previously held senior FX trading positions at RBS, UBS, and Unicredit, has joined Caventor – the agency brokerage arm of Boston Consulting Group (BCG) – following a brief hiatus after Unicredit reportedly shifted its FX trading operations from London to Milan in early 2023.

Unlike his past roles overseeing CEEMEA FX options, emerging markets trading, and global FX derivatives, Diehl is understood to be stepping into a sales position at Caventor, leveraging his expertise to attract hedge fund clients.

Caventor, which has been quietly building its hedge fund client base, appears to be reinforcing its team with industry heavyweights. Alongside Diehl, the firm has recruited Paul Lynn, a former Credit Agricole sales head, and James Ludlam, a former Nomura trader.

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