Monday, 20 October 2014
Last updated 6 hours ago
Sep 22 2010 | 12:49pm ET
Commodity trading adviser Lafayette Trading is the latest firm to succumb to the difficult fundraising environment.
The California firm will liquidate its fund after just over a year of managing money for outside investors, reports HFM Week.
The firm debuted about two years ago—founded by Money Management Group’s Todd Lorber, as well as Ken Jones, Ken Whitley and Ray Sebastian—managing proprietary capital.
Lafayette employed a proprietary, short-term, systematic technology to generate trade signals on equity index future contracts.
“Given the market environment, we thought it was the right time to cease operations,” Lorber told HFM Week.
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 ...