Monday, 20 October 2014
Last updated 5 hours ago
Jan 13 2010 | 1:44am ET
Impending hedge fund regulation in Europe is already leading to an uptick in funds domiciled within the European Union. And Citigroup will be there to service them.
The Wall Street giant has unveiled an end-to-end servicing solution for EU-domiciled hedge funds. The new offering includes administration, custody, compliance, prime brokerage and back- and middle-office support, including secretarial services, distribution support and fiduciary services.
“Investors are now focused on governance, risk management, independent valuation and transparency of reporting," Andrew Gelb, head of securities and fund services in Europe, Middle East and Africa, said. "Hedge fund managers are increasingly offering Ucits and other EU domiciled fund structures to meet these needs as the industry continues to converge across the alternative and traditional fund sectors.”
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…
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 ...