On 6th February 2018, the final year BEC students had a dynamic and experienced commodity specialist visit them as part of their International Financial Market class. Mr. Paresh Kotecha, Chairman and Managing Director of Richcomm Global Services, shared his wealth of experience bridging derivatives and physical grains and oil seeds complex globally with several multinational trading houses and as an independent global trader. Richcomm Global Services is a Dubai-based international commodity services enterprise, registered with the Dubai Multi Commodities Centre (DMCC) and a shareholder of Timeless Asset Management. He is also the Managing Director of S&P Group Financial Services South Africa and an investment advisor to Almagest SICAV.
Mr. Paresh talked about different commodity markets and opportunities worldwide. He highlighted how commodity markets work very differently from fixed income and variable income markets while stressing on individual research, since commodity prices rely on real factors like geopolitics. He covered different aspects ranging from agriculture to base metals to precious metals and recently listed commodities like diamonds.
This event update was written with inputs provided by Raveesh Jasuja, student of Global MBA (Global Finance) - Intake of 2018.