Diego Parrilla, the former head of commodities trading, sales and origination for Asia Pacific at Bank of America Merrill Lynch who set up his own commodities hedge fund firm Nareco Advisors in 2011, has joined BlueCrest Capital Management as a portfolio manager in Singapore. Earlier in his career he worked at Goldman Sachs and JP Morgan. His colleague James Luong, who was an analyst and risk manager at Nareco, has joined the Thetis Macro Opportunities fund at Swiss-Asia Financial Services.