Tuesday, 21 October 2014
Last updated 10 hours ago
Jan 28 2010 | 12:00pm ET
A hedge fund prince has become the namesake of a frog.
A new species of brown frog recently discovered has been named for ADM Capital’s Rob Appleby. Hong Kong-based ADM’s charitable foundation funded the research mission in Vietnam that led to the discovery of the two-centimeter-long amphibian, which now goes by the name Leptolalax applebyi, or Appleby’s Asian toad to friends.
The discovery was made by Jodi Rowley, an amphibian biologist at the Australian Museum in Sydney.
But is it an honor or an insult? The Appleby toad sounds rather like a cricket, Asian Investor reports, making a high-pitched squeaking noise, and is apparently most comfortable whilst hiding amidst rotting leaves. Still, despite the similarity or lack thereof to its benefactor, the ADM Capital Foundation plans to celebrate the discovery this week.
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 ...