Tuesday, 21 October 2014
Last updated 7 hours ago
Mar 1 2010 | 9:53am ET
The former manager of Fidelity Investments’ European Aggressive fund was deemed too aggressive for mutual funds. So Mario Frontini plans to give hedge funds a try.
After more than a year on the shelf—he left Fidelity at the end of 2008—Frontini has joined Italian altermative asset management firm Sator. He’ll manage the firm’s long/short hedge fund and serve a chief investment officer, Citywire reports.
Sator is headed by Matteo Arpe, former CEO of the Italian bank Capitalia.
Frontini will be based in London. Sam Myhrman, another Fidelity veteran, has also joined Sator, as senior research analyst.
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 ...