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Merrill hires Patelis as FX strategist

Alex Patelis has left Citigroup Asset Management in London to join the fixed income research team at Merrill Lynch as a senior G-10 foreign exchange strategist.

Patelis, who will be based in London, will work with the rest of Merrill's foreign exchange strategy team to formulate the investment bank's G-10 currency forecasts. He will focus on promoting foreign exchange as an asset class and developing optimal portfolio strategies.

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