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Exclusive: Ex-Noble head Frase mulls commodities comeback with own fund

Reuters  |  NEW YORK 

By Lawrence DelevingneNEW YORK (Reuters) - Veteran oil trader Jeffrey Frase has been meeting with investors to test the waters for what he hopes will be his commodities trading comeback. Frase, who stepped down in November as co-chief executive officer and global head of oil liquids at struggling trader Noble Group , told Reuters in an interview on Wednesday he may launch a Houston-based commodities investment firm in the first half of the year. Noble was once Asia's biggest commodities trader, but has sold off large parts of its business amid heavy losses and high debt.Frase said his firm ...

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First Published: Thu, January 18 2018. 02:11 IST