Commodity Trader ED&F Man Expands Into Cotton With Viterra Hires
Commodities trader ED&F Man Holdings Ltd. is expanding into the cotton market after hiring a team from Viterra, an agriculture company backed by Glencore Plc, according to people familiar with the matter.
The London-based trader, best known for hauling sugar and coffee around the world, has tapped more than 10 traders from Viterra, said the people, who asked not to be named because the information isn't public. The new hires include Josh Taylor, global trading manager for cotton at Viterra, and Andrew Kelly, head of physical cotton trading at the company, the people said.
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