BoA’s head of energy trading lands at hedge fund

Julian Barrowcliffe, formerly global head of energy trading for Bank of America in New York, has joined Vega Asset Management – a New York-based hedge fund with $11 billion under management. In his new role Barrowcliffe will manage a commodities trading fund.

"Julian is widely recognised as one of the top commodities traders in the business. His experience and professionalism are a great addition to the Vega team," said Jon Berg, Vega chief executive. "We believe that adding a commodities component to Vega's overall portfolio will positively enhance our performance from a risk/reward standpoint. Julian is principally a relative value trader and that's completely in line with Vega's approach to other markets, making him a great fit for the firm."