Cargill ponders fund colossus

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Cargill, one of the largest private companies in the world, is considering hiving out its proprietary trading operations which are based in Minneapolis, Minn., into a massive hedge fund operation that would be open to outside investors.

It would mirror similar moves by UBS O'Connor and Deutsche Bank, which have turned internal proprietary trading activities into fully-fledged hedge funds and is partly designed to help Cargill hold onto traders.

In the past, Cargill is understood to have struggled to hold onto their best talent and hope to solve the problem by giving them a share in the returns of the