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Former BofA Asia Commodities Chief To Launch Hedge Fund

Wed, 24 Aug 2011 11:37:53 GMT

Bank of America Merrill Lynch's former top Asian commodities executive will launch a hedge fund in the fourth quarter.

Diego Parrilla, who left BofA in March, has founded NARECO Advisors—which stands for natural resources and commodities—in Singapore. The firm, which Parrilla serves as chief investment officer and CEO, has already built a team of three.

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