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City Financial boosts commodities team with triple hire

City Financial boosts commodities team with triple hire

City Financial has recruited three commodity experts to strengthen its Cumulus Energy fund.

Allan Perk has become a portfolio manager on the fund, joining from Geneva-based firm Louis Dreyfus where he was a trader. Gustavo Wolf has made the same move from the Swiss company to City Financial.

Richard Griffin has also been appointed as a senior adviser to the Cumulus fund. He was formerly a managing director in the commodities team at Morgan Stanley, where he had worked for 15 years.

Cumulus Energy is a discretionary commodity futures trading fund, with a focus on the European electricity and natural gas markets.

It was established by Peter Brewer, and in 2012 City Financial acquired his business PCE Investors.

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