Tuesday, 21 October 2014
Last updated 3 min ago
Feb 4 2010 | 10:45am ET
Bank of America Merrill Lynch has hired a Goldman Sachs banker to lead its hedge fund sales effort for rates and currencies.
The addition of Vinit Sahni last month is part of a slew of hires for the bank’s Asia-Pacific derivatives sales and trading team. BofA recently nabbed UBS’ Rajesh Melwani as head of derivatives sales for the region and Goldman’s Romanos Daniels as head of exotics trading in Asia-Pacific.
Sahni joined the firm last month. In addition to his hedge fund sales responsibilities, he is also head of flow rates and currencies sales for Asia, Europe, the Middle East and Africa and global head of central bank sales for rates and currencies.
BofA’s derivatives hiring spree has also netted it new heads of China onshore rates and currencies trading, and head of Asia-Pacific G10 foreign exchange options trading.
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 ...