Thursday, 23 October 2014
Last updated 3 hours ago
May 19 2010 | 11:35am ET
The Blackstone Group is setting up shop Down Under. The private equity giant today announced plans to establish a presence in Australia after postponing the opening of an office in Sydney last year.
“We are establishing a presence her to integrate the firm into the local business community, seeking opportunities to invest and to raise capital,” Blackstone’s Philip Levinson told a conference call. Levinson is managing director of Blackstone Group Australia.
Blackstone’s precise plans, including a timetable, remain unclear, Reuters reports.
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 ...