Kay Haigh leaves Deutsche Bank AG to launch Avantium Investment Management

April 6th, 2011
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Kay Haigh, a trader who joined Deutsche Bank AG in 1994, left his role as head of global macro trading to found hedge fund Avantium Investment Management. According to the Wall Street Journal, Avantium will focus on emerging markets rates, currencies, and credit. Kay Haigh is taking his team of seven traders with him to start Avantium Investment Management, and the firm said they are looking to hire up to four additional employees before launching.

Deutsche Bank AG has helped seed spin-outs of its proprietary trading operations in the past as a result of the Volcker rule of the Dodd-Frank act, but reportedly will not be investing in Avantium Investment Management.
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Avantium Investment Management
Related People: Kay Haigh
Related Entities: Avantium Capital; Deutsche Bank AG*; Avantium Investment Partners, Avantium Investment
Related Article Tags: Investment Management, Fund Manager and General Financial News; Hedge Fund Jobs, Hirings and Firings; Hedge Fund Launches and Hedge Fund Closings

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