Tuesday, 21 October 2014
Last updated 2 hours ago
Feb 18 2010 | 11:04am ET
Deutsche Bank is boosting its managed accounts push with the creation of new sales team.
The German bank has appointed Daniel Caplan, co-head of prime finance sales and capital introduction in Europe, to lead its managed account sales effort in Europe. He retains his position in the firm’s prime brokerage business.
Deutsche Bank has also hired Guillaume Mathais from Lyxor Asset Management. Formerly head of managed account distribution for the U.K., Netherlands and Scandinavia at Lyxor, Mathais will hold a senior sales role at his new firm.
Both men are based in London, with Mathais reporting to Caplan.
“We estimate that over 20% of new assets coming into the hedge fund industry in 2010 will do so via managed accounts,” Caplan said. “This is the result of a paradigm shift in the way investors look at hedge funds—they want greater liquidity and transparency combined with independent asset and risk control.”
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 ...