Tuesday, 30 September 2014
Last updated 27 min ago
Sep 29 2014 | 1:21pm ET
Times may be tough for hedge fund managers, but you wouldn’t know if from a glance at Forbes magazine’s annual ranking of the richest Americans.
Sep 30 2014 | 1:23pm ET
Michael Aksman's New York-based Equities Global Analytics employs a short-term statistical arbitrage strategy he's run for 13 years, but the firm is now running a $5 million pilot trading project designed to reach a new group of quantitative investors.
Sep 30 2014 | 12:27pm ET
A decade-long bet on a bagel company has finally paid off for Greenlight Capital.
Sep 30 2014 | 12:26pm ET
UBS’ internal hedge-fund unit has hired a quantitative credit manager.
Sep 30 2014 | 12:24pm ET
The birth of a hedge fund manager’s first child isn’t usually noteworthy. But Charlotte Clinton Mezvinsky isn’t just a hedge-fund manager’s first child—she’s also the first grandchild of a former president and a possible future president.
Sep 30 2014 | 7:50am ET
Naresh Patwari has joined Boston and Mumbai-based private equity firm TA Associates.
Sep 29 2014 | 11:32am ET
Hedge funds outperformed the S&P 500 during the week ending September 24, losing 0.1% to the broader market's 0.16% loss, according to the Bank of America Merrill Lynch Hedge Fund Monitor.More News
Sep 30 2014 | 7:07am ET
Launching a hedge fund is always a gamble, but Leslie Bocskor's decision to launch one focused on the legal cannabis space actually began with a trip to the casino.
Sep 29 2014 | 3:07pm ET
As a former finance professor Peter Hecht experiences heartburn every time he hears the investment community criticize hedge funds for not keeping up with the S&P 500. It is the same type of heartburn he felt when investors thought hedge funds demonstrated skill when they outperformed the S&P 500 in 2008. According to Hecht, both comments reflect a fundamental misunderstanding on how to evaluate hedge funds…or any new investment.
Sep 22 2014 | 9:29am ET
Hedge fund billionaire Kenneth Griffin definitely has a dog in this fight. The Citadel founder and CEO just gave another $1 million to the Illinois gubernatorial campaign of Republican Bruce Rauner.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...