Umut Utkan


With a unique blend of industry experience spanning over 20 years and a complete company specific knowledge in the financial market, Mr. Utkan has laid a solid foundation of success and a proven track record. He started as a trainee at the Turkish Derivative Exchange before he took up various trading positions in YapiKredi Bank (part of UniCredit), IS Investment (largest investment bank of Turkey), ING Bank, Finansbank/National Bank of Greece, Bank of America, Merrill Lynch, and Tradition Group.

Due to his investment experience, Umut has provided value to clients by giving them his investment insights. His trading experience in fixed income, equity, and currency markets was instrumental to many of his successes and was enriched further after he joined Rhea Asset Management as a partner and General Manager. Umut’s work at Rhea Asset helped it to become the largest independent asset manager in Turkey in 2011.

Advancing his career further, Umut left Rhea Asset to manage the Maltese domiciled Safran Global Opportunities Fund up until 2015. He later worked with a US-based Dinosaur Financial Group, providing industry leading client experience at every point in time while driving portfolio account growth via effective risk management. He is currently a partner of DualEdge Capital Management LLP and founder of Thompson Crosby & Co. advisory boutique.

Umut holds a BA in Economics, an MBA in Finance Administration, and a Ph.D. in Finance and Banking. His Ph.D. dissertation on asset pricing under liquidity constraints is printed in Turkish and Russian by Credit Europe Group as training material.

Ruifang Zhang


As the founder and Chief Investment Officer of DualEdge Capital Management LLP, Ruifang has helped a significant number of clients put their investment ideas into action, leveraging her wealth of experience to deliver exceptional value to the company and its clients.

Before the time she founded DualEdge, she held the position of Senior Strategist at Caxton Associates—a premier US-based hedge fund. In that position, she reported directly to the CIO of the Caxton Global Macro Fund. Before joining Caxton, she was an Executive Director at Goldman Sachs in London. She worked for Goldman between 2004 and 2008 as a commodity analyst and garnered a broad expertise in fundamental analysis of global commodity markets, from energy and metals to agriculture.

Ruifang specializes in the identification of investment opportunities presented by shifts in global trends. New trends are driven by global central bank mandates, geopolitical risks, changes in population growth, and emergence of new technologies open up the potential for superior returns. Capitalizing on such trends is her central investment thesis.

Ruifang holds a BA Economics degree from the University of International Business and Economics in Beijing in 1999 and later obtained a Masters in Public Policy degree from Harvard University Kennedy School of Government in 2004 through a national scholarship award.