Tuesday, 21 October 2014
Last updated 1 hour ago
May 14 2010 | 1:49am ET
A year after setting up an alternative investments desk to cover the secondary hedge fund sales market, Tullett Prebon is going primary.
The interdealer broker plans to begin fundraising for hedge funds and private equity funds, hiring Axiom Alternative Fund’s Gahtan Vahidy to head the new venture. Tullett said it aims to “attract blue chip clients to its brand.”
“Following a very active first year of trading we are now very excited about broadening our business and leveraging our network further to support funds in their asset-raising activities,” Neil Campbell, head of Tullett’s alternatives desk, said.
Campbell and Vahidy worked together at Axiom, a fund of hedge funds. Vahidy is also a former strategy consultant at PricewaterhouseCoopers.
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 ...