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.