JP Morgan Hires New Head Of Commodities Strategy Colin Fenton

JP Morgan Chase & Co. (JPM) has hired Colin Fenton as global head of commodities strategy, a company spokeswoman said Tuesday.

Fenton, who joined the bank Monday, was formerly a managing partner at Curium Capital Advisors. He has also held various roles at Goldman Sachs Group Inc. (GS) in commodities research, Duquesne Capital Management and Ospraie Management.

Fenton will report to Tom Schmidt, head of global commodity research and Americas equity research.

"Given J.P. Morgan's expanded global commodities offering, we are pleased to add Colin's seasoned leadership to our talented team," Schmidt said.

In June, J.P. Morgan acquired RBS Sempra Commodities' global oil, global metals, global coal and European power, gas, and non-U.S. emissions assets.

-By Lananh Nguyen, Dow Jones Newswires; [phone]; [e-mail]