Tuesday, 21 October 2014
Last updated 11 hours ago
Aug 13 2010 | 10:30am ET
Crestline Investors has been handed a fund of hedge funds mandate by the New Mexico State Investment Council, which also plans to hire another fund of funds.
Crestline will manage $80 million for the system. The firm replaces TAG Associates’ Vintage Classics, which the New Mexico fund fired in April due to poor performance, Pensions & Investments reports.
New Mexico will hire another fund of funds, which will manage $150 million, by the end of September. A request for proposals has been issued.
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 ...