Wednesday, 1 October 2014
Last updated 14 hours ago
Apr 15 2010 | 1:47pm ET
Hedge fund managers looking to do good and take a substantial pay cut are advised: The Securities and Exchange Commission is hiring.
The regulator last month posted a job listing seeking five hedge fund veterans to join its new specialized asset management unit. The SEC is seeking fund managers, chief operating officers or anyone else with “direct exposure to trading and operations” for the jobs, which pay between $198,333 and $210,232 per year.
Recruiting firm Korn/Ferry International is handling the search, Bloomberg News reports.
The asset management team is one of five the SEC set up early this year within its enforcement division. The heads of the unit, Bruce Karpati and Robert Kaplan, apparently got the idea to hire hedgies from another new SEC unit, the Division of Risk, Strategy and Financial Innovation, which hired former hedge fund manager Gregg Berman.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...