Thursday, 23 October 2014
Last updated 3 min ago
Mar 8 2010 | 4:07am ET
A familiar face is retaking the reins at fund of hedge funds shop Financial Risk Management.
Blaine Tomlinson will take over as CEO next month. The founder of FRM, Tomlinson served as CEO until 2007. He has been the $8.5 billion firm’s chairman since.
Tomlinson succeeds his successor as chief executive: Brian Robinson is retiring at the end of March. FRM has seen its asset base drop 38% since 2007, although that is not the reason Robinson is stepping down, according to Pensions & Investments.
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…
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 ...