Tuesday, 30 September 2014
Last updated 21 min ago
Feb 19 2010 | 9:16am ET
Insurance giant Allstate Corp. is putting its investments in the good hands of hedge fund veteran Pervemba Satish.
Satish has been hired as chief risk officer for investments. Allstate boasts a portfolio of almost $100 billion.
Satish has spent the last decade working for a series of hedge funds in risk management. He joins Allstate from Jamison Capital Partners, the New York-based hedge fund founded last year by Morgan Stanley veteran Stephen Jamison where he served as chief risk officer. He held the sale post at DKR Capital Management from 2004 through last year. Satish also spent three years at Soros Fund Management as director of risk management.
The insurer’s newly-minted risk chief “has extensive experience in quantitative analytics and risk management and has served in senior-level positions throughout the finance and investment industry,” his boss, Judy Greffin, chief investment officer, said. “Satish is an excellent addition to our team and we look forward to leveraging his expertise to deliver outstanding results.”
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...