Monday, 20 October 2014
Last updated 2 days ago
May 5 2010 | 10:24am ET
Jupiter Asset Management is putting even more on its new top manager’s plate. Guy de Blonay, who joined the firm in December, will take the reins at the Jupiter Hyde Park Hedge Fund next month.
He takes over from Philip Gibbs, who has managed the hedge fund since its inception more than 10 years ago. The US$100 million fund has never posted a losing year under Gibbs, who will remain its deputy manager. Jupiter made clear that Hyde Park’s successful strategy will not change under de Blonay.
“The Jupiter Hyde Park Hedge Fund remains one of Jupiter’s key offshore hedge fund offerings,” its new chief said. “I am looking forward to taking on management of the fund, and will seek to deliver consistent outperformance for investors.”
De Blonay was hired from New Star Asset Management. He is also set to share responsibility with Gibbs on Jupiter’s flagship Financial Opportunities Fund, where he hopes to push for an increase in its Asian stock investments, he told Financial News.
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 ...