Thursday, 2 October 2014
Last updated 1 hour ago
Nov 16 2010 | 1:01pm ET
Pharos Financial Group's Kevin Dougherty plans to launch his own hedge fund next year with a wider ambit than his current employer's focus on Russia.
Dougherty will leave the Moscow-based firm to set up a global emerging-markets fund in London, Bloomberg News reports. But even though he'll look more widely at investment opportunities in other emerging markets than he does as a portfolio manager at Pharos, whose flagship fund focuses on Russia, he still remains bullish on that country.
"Even as I will be focusing more on the other emerging markets, I remain a big believer in the value and investment potential of the Russian market," he told Bloomberg.
Pharos was founded in 1997 by Peter Halloran with the backing of Soros Fund Management. It has returned more than 10-fold over the past 10 years.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...