Friday, 24 October 2014
Last updated 18 hours ago
Mar 9 2007 | 1:29pm ET
Cura Capital Management is prepping its Cura Compass Multi-strategy Fund for launch this summer, according to sources familiar with the fund. The Compass fund will deploy capital among eight strategies and target 15% annual returns.
A group of fellow Clinton Group alumni, including Mike Vacca (converts and event driven/credit), Richard Cohen (quantitative research and statistical arbitrage), Bob Smalley (credit research), Bob Wenzel (credit portfolio manager) and Steve Cameron (quantitative), will join Cura’s founder, Tom Schnepp, in this new endeavor.
Schnepp founded Cura in November 2004. The firm currently manages $425 million in its fixed income arbitrage fund.
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 ...