Wednesday, 22 October 2014
Last updated 10 hours ago
Jan 7 2010 | 2:08am ET
Quantitative hedge fund shop AQR Capital Management has launched its seventh mutual fund as the firm’s mutual fund assets have crested $1 billion.
The Greenwich, Conn.-based firm rolled out its Managed Futures Strategy Fund yesterday, just a week after it launched a global-stock mutual fund, The Wall Street Journal reports. The firm has been in the mutual fund business for just a year, but has managed to raise more than $1 billion for the products in that time.
All told, AQR manages $24 billion, almost 40% less than it did in 2007.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...