Thursday, 23 October 2014
Last updated 13 hours ago
Apr 8 2010 | 4:08am ET
One of the heads of Goldman Sachs’ largest internal hedge fund has left the Wall Street giant, less than a month after the fund’s top man retired to found his own hedge fund.
Ali Heyadat, co-head of Goldman Sachs Principal Strategies, was based in New York. His departure was first reported by Bloomberg News.
It is unclear what Heyadat’s plans are, including whether he will join Pierre-Henri Flamand’s new venture. That hedge fund is said to be backed by Goldman, where Flamand remains assisting with the transition at GSIP.
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 ...