Monday, 20 October 2014
Last updated 2 days ago
Mar 17 2010 | 1:32pm ET
Lansdowne Partners’ financials fund is off to a slow start this year.
The London-based fund “gave up” 3% in Feburary, the New York Post reports. The fund is down about 4.5% this year, the firm told investors in a letter. Most of the losses came from its emerging markets portfolio.
Lansdowne said the “dull” returns could last for some time.
The fund returned about 38% last year.
Lansdowne Partners was founded in 1998 and currently manages three fundamental equity strategies -- UK, European and the aforementioned global financials fund. It is one of the largest alternative asset managers in the UK.
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 ...