Monday, 20 October 2014
Last updated 5 hours ago
Aug 17 2010 | 11:41am ET
Heads of sales and marketing for the U.S. and Europe at BlueCrest Capital Management have an average tenure of about six months. Bob Shea, the former UBS Global Asset Management executive, no doubt hopes to hold the job for slightly longer.
Shea was named to the position—which BlueCrest created last January—and will join the London-based hedge fund in October, Financial News reports, eight months after the firm’s previous head of sales and marketing, Steve Smith, resigned from the job after just five months on it. Smith’s short tenure was preceded by the slightly longer tenures of the first two people to hold the post, Anne Popkin and Pete McConnon, who took the reins in January of last year, but failed to see the end of 2009 at the firm.
BlueCrest is Europe’s second-largest hedge fund with US$21.9 billion in assets under management.
At UBS, She was regional head of business development for the asset management arm’s A&Q unit.
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 ...