Tuesday, 21 October 2014
Last updated 8 hours ago
Sep 15 2010 | 2:46am ET
Despite a well-funded and highly-publicized campaign, former hedge fund lawyer Reshma Saujani was trounced in yesterday’s Democratic primary for Congress.
Saujani, who worked at Fortress Investment Group before resigning to run in New York’s 14th Congressional District, received just 19% of the vote. Rep. Carolyn Maloney, who has represented the district, which includes Manhattan’s Upper East Side and parts of Queens, for nearly two decades, coasted with 81% of the vote.
Saujani has pledged to run again in the next election cycle.
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 ...