Monday, 20 October 2014
Last updated 6 hours ago
Jan 14 2010 | 1:34pm ET
A pair of top hedge funds is set to open offices in Hong Kong as western hedge funds begin to filter back into the region that is driving global economic growth.
New York-based Soros Fund Management and London-based GLG Partners, which both manage in excess of US$20 billion, plan to up open shop in the Special Economic Area, Bloomberg News reports. In addition to its proposed research office in Hong Kong, GLG is also planning a representative office in Beijing.
For its part, Soros may transfer two of its fund managers to Hong Kong. James Chang, a former Tiger Asia Management managing director hired in November, and Dai Jixin, a nine-year Soros vet, could make the move. Dai is a native of China.
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 ...