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Macquarie's head of commodities research departs for rival BMO Capital Markets – Financial Times

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The head of commodities research at Macquarie has left the bank and joined rival BMO Capital Markets, according to people with knowledge of the situation.

Colin Hamilton, who joined the Australian bank in 2009, is one of the most influential analysts in commodity markets.

His departure comes amid broader shake-up in the research community due to new rules that will transform how fund managers pay for research from banks and brokerages.

David Wilson, base metals strategist at Citi, recently left the US investment bank, while Liam Fitzpatrick, the top mining analyst at Credit Suisse in London, has joined Deutsche Bank.