Banking veterans quit to launch forex hedge fund

PEOPLE NEWS

LONDON -- Citigroup’s former global head of proprietary trading, Patrick Hall, is launching a new macro hedge fund with partners John Banerjee and former Citi economist Michael Burke.

The new fund, Magi Capital Partners, is set for launch in Q3, focusing primarily on forex and fixed income.

"We will be leveraging a unique set of skills among the three partners, with the aim of achieving a steady positive return from the full array of macro instruments and strategies," said Hall, who left Citi