Fulcrum Asset Management, founded in 2004 by two ex-Goldman Sachs executives, has unveiled a new active commodity fund, Reuters reports. The firm has offered the commodity part of its macro fund, Fulcrum Alpha, separately to tap the growing demand for active commodities strategies from investors.
The U.K. firm has also opened a new office in New York and has appointed Tom Dempsey to lead it. Dempsey was previously working at Goldman Sachs Asset Management as head of product strategy for the U.S. quantitative equity group.
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