Vega hires BoA's Barrowcliffe for new launch

Vega Asset Management, the hedge fund specialist, has hired Julian Barrowcliffe from Bank of America to launch a commodities trading fund.

Barrowcliffe has been managing director and global head of energy trading at BoA since 1999. During his stint at the bank he managed a global derivatives business, and traded a portfolio of relative-value positions in crude oil and refined products.

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