Friday, 24 October 2014
Last updated 16 hours ago
Oct 5 2010 | 12:50pm ET
Hedge fund administrator Maples Finance has spent the past year-and-a-half rebuilding its business, and has now emerged restructured—and with a new name.
The firm is now called Maples Fund Services. Scott Somerville has been named CEO and Toni Pinkerton global head of fund services. Tyler Kim is the newly-renamed firm's chief information officer.
"With our new brand, Maples Fund Services is now positioned as a fully outsourced solutions provider," Somerville said. "Over the past eighteen months, we have committed a significant amount of resources to Maples Fund Services, building out a best of breed operational infrastructure and technology platform, re-organizing our executive team, including adding dedicated business development resources in the U.S. and Europe, and ensuring a global platform to offer a customizable service offering."
MaplesFS has offices in New York, the Cayman Islands, Dubai, Dublin, Ireland, Hong Kong and Luxembourg.
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…
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 ...