UBS commodities co-head quits
The global co-head of UBS' commodities business, Hunter Shively, has resigned after seven months to join start-up hedge fund Sasco Energy Partners, founded by Todd Esse, the founder of Sempra Energy Trading.
Todd Morakis, who was named commodities co-head at the same time as Shively, will take over full responsibility for the bank's commodities business.
UBS suffered heavy losses from the US sub-prime mortgage crisis and has recently announced plans to axe 500 jobs in its investment banking
More on Financing
Deal of the year: Intersect Power
Energy Risk Awards 2025: Clean energy company secures significant BESS financing amid market volatility
Innovation of the year – Project: Tramontana
Energy Risk Awards 2025: Finance specialist develops transformational agroforestry project
Sustainable finance house of the year: Bank of America
Energy Risk Awards 2025: Bank furthers commitment to sustainability with large-scale transactions that showcase innovation, ingenuity and vision
Supply chain decoupling fires up alpha focus at BofA
Talking Heads: Stock dispersion sees funds gross up on long/short baskets, while US structured notes come of age
Sustainable bond markets miss an options trick
A derivatives mindset could boost lagging sustainability-linked market, argues climate think-tank
UBS precious metals team shines amid market turmoil
Global uncertainty always adds allure to precious metals, putting a premium on the long-standing relationships and cutting-edge technology of the UBS precious metals team
A global solution to market developments
Sponsored content
