Zimmermann International Group Plans to Expand Alternative Product Potentials with New Managing Director
Zimmermann International Group, a leading commodity futures and brokerage trading services firm, specializing on alternative investment products, has announced today its plan for alternative product expansion under a new leadership of Mr. Michael Burchett, as the new Managing Director on the Preferred Products Trading Desk.
- (1888PressRelease) October 13, 2011 - "We have seen tremendous growth in the preferred products market across our diverse clients worldwide as these investors continue to seek for much higher yields," said Mr. Graham Thomas, the Zimmermann International Group Global Head for High Yield and Distressed Trading Desk. "With the addition of Mr. Michael Burchett to our Preferred Products desk, we are expecting him to bring an exceptional level of experience in the preferred products markets and will be influential to the growth of the firm in this particular focus."
Burchett joined Zimmermann International Group from an asset management company in United States, where he served as managing director for its preferred product desks since 2001. Prior to that, he also worked at Prudential Securities, where he worked on its preferred businesses and allocation capacities. Earlier in his trading career, Burchett worked at Lehman Brothers, focusing on its strategic fixed income and equity sales operations. He completed his bachelor's degree from Touro College in New York, where he specialized in Banking and Finance.
The addition of Mr. Burchett forms part of Zimmermann International Group global initiatives and strategies to enhance its trading platform based on clients demands and trading requirements, particularly in areas where it can offer superior and quality service to global clients.
Zimmermann International Group new preferred products trading capacities counterpart the firm's current fixed income, equities and prime brokerage and trading service offerings. The new preferred products trading desk will be under the firm's fixed income group, which is also expected to provide faultless execution across the capital formation of a wide range of intuitional investors.
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