Friday, 24 October 2014
Last updated 14 hours ago
Jul 2 2010 | 11:26am ET
For the second straight month, Och-Ziff Capital Management got a little smaller as its main hedge funds posted declines in June.
The New York-based hedge fund giant said its assets under management slipped $300 million last month to $25.3 billion.
Not coincidentally, two of its main hedge funds found themselves in the red for a second straight month, as well. Its flagship OZ Master Fund dropped 0.5% in June and its Europe fund lost 0.9%. Both its Asia and Global Special Investments funds added 0.3% on the month. All four ended the first half in positive territory.
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 ...