Member Article

London’s FinEx group launches boutique hedging and risk management service

London-based asset management, private equity and hedge fund firm FinEx group, has established a specialist boutique business providing hedging and risk management services to commodity producers and consumers on a global basis.

The business enterprise, established through FinEx Commodity Partners, will provide a full range of Over-the-Counter (OTC) solutions and transactions to a global client base, through the creation of bespoke hedging programmes and strategies.

FinEx group has assembled a team of eight commodity and structured product professionals, led by Simon Smith, former managing director and head of OTC Commodity Solutions at Jefferies Bache in London.

Simon Luhr, CEO of the FinEx group, commented that: “FinEx has been exploring the commodities arena for some time, and wanted to enter the business with a strategic enterprise that will benefit from the changing commodity landscape that has evolved with the withdrawal and business reduction of some international bank groups, and major participants. “An increasing demand for protection against price volatility continues for producers and consumers in their production and consumption of underlying commodities, despite the reduction of participants providing such. FinEx identified this opportunity and commenced the development of a business to capture this space”.

This was posted in Bdaily's Members' News section by Ellen Forster .