Tuesday, 21 October 2014
Last updated 4 min ago
Feb 25 2010 | 1:14pm ET
Highbridge Capital Management is eyeing a stake in Brazilian alternative investments firm Gavea.
The JPMorgan Chase-owned hedge fund giant is in talks with Rio de Janeiro-based Gavea, founded by former Brazilian central bank head Arminio Fraga, a Brazilian newspaper reports. It is unclear how large a stake Highbridge would take, according to Valor Economico, but the US$5.8 billion firm’s management would remain in place and maintain their “autonomy.”
Fraga is a member of JPMorgan’s international board.
Highbridge manages $21 billion in assets under management.
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 ...