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Five Leave UFJ to Form Hedge Fund

Tim Yetman, Trevor Warne, Howard Jones, John Roberts and Gareth Edwards have all left United Financial Japan (UFJ) to form Olea Partners, a hedge fund that is currently being set up. UFJ declines to comment on whether it intends to replace the proprietary traders. Yetman joined Tokai Bank in mid-2000, the bank later merged with Sanwa Bank and Toyo Bank under UFJ Holdings, established in 2001.

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