A former equity index derivatives head at Deutsche Bank is aiming to take advantage of the boom in exchange-traded funds by launching a systematic hedge fund focusing on equity ETFs.

Olivier Thomas, whose hedge fund manager BrookVale Capital was registered at Companies House in February, has teamed up with another former employee at Deutsche Bank to launch a hedge fund trading equity ETFs and is aiming to capitalise on the "incredible array of investment themes [for small hedge fund managers] to access and benefit from" in the sector.