Monday, 20 October 2014
Last updated 6 hours ago
Mar 22 2010 | 2:24pm ET
Frigid temperatures in Europe’s north have heated up Plenum Investment’s energy hedge funds.
Plenum Power Surge soared 19% in January and February. Energy prices in the Nordic region have soared to records, as Sweden suffered the coldest beginning to a year in more than 20 years, while energy consumption set records in Norway.
A second plenum fund, the Plenum Power Fund, returned 6% in the first two months of the year.
“To put it simply, we were bullish on the weather,” portfolio manager Henrik Wennberg told Bloomberg News. “We saw this already in the middle of December and started buying then to take long positions.”
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 ...