Tuesday, 21 October 2014
Last updated 2 hours ago
Sep 7 2010 | 8:24am ET
As GLG Partners nears its tie-up with the Man Group, there’s been a shake-up in its Middle East and North Africa ranks.
Mark Krombas has left the firm, Fund Strategy reports, while Mark Diab has joined GLG as a portfolio manager. Diab will oversee MENA equities as part of the GLG emerging markets team.
His entry comes several months after the departure of Krombas, who joined GLG last year when the hedge fund bought Société Générale Asset Management. It is unclear why Krombas left the London-based firm, or what his future plans are.
“We are delighted that Mark is joining GLG – his knowledge of the MENA region, as well as his broad investment and financial services experience will be an added strength to the GLG emerging markets team. He has a fantastic investment track record and we look forward to the significant contribution that Mark will bring to the firm going forward,” said Bart Turtelboom co-head of emerging markets.
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 ...