Jonathan Goldberg nabs COO/CCO from Covepoint.
|Jonathan Goldberg (Photo: Facebook)|
The new shop, BBL Commodities, will use a relative value strategy to profit from mispricing in the oil market, according to people familiar with the situation.
The new launch comes as many commodity hedge funds have fared poorly in recent years. The Absolute Return Commodities Index is down 5.52% through June. The index also fell