Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Duet Group Hires Philippe Laraison as CIO for Commodity Fund

Sept. 5 (Bloomberg) -- Duet Group hired Philippe Laraison from Societe Generale SA as chief investment officer for its Duet Commodities Fund.

He replaces Tony Hall, who resigned in July after the fund lost money in nine out of 10 months. The Duet Commodities Fund lost 6.4 percent this year through June, after gaining 26 percent in 2011, according to data compiled by Bloomberg.

Laraison “is very experienced and established in the commodity space,” Henry Gabay, company co-founder, said in a telephone interview from London. “Philippe will likely begin trading within the next 30 days. Another hiring will be announced on the metals side very shortly.”

Laraison, who joined Societe Generale in 1994, worked as the bank’s head of energy trading in New York from 2007 to 2011, the company said in an e-mailed statement. He was global head of refined oil trading at the bank from 2001 to 2004.

The Duet fund trades commodities from oil to metals after starting in July 2010.

The Standard & Poor’s GSCI Index of 24 raw materials has gained 4 percent this year.

To contact the reporter on this story:

Grant Smith in London at

To contact the editor responsible for this story: Lars Paulsson in London at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.