Wednesday, 22 October 2014
Last updated 16 hours ago
Dec 10 2010 | 12:23am ET
Citadel Investment Group has added a former JPMorgan Chase coal trader to its energy trading team.
Miguel Abreu joined the Chicago-based hedge fund earlier this month, Bloomberg News reports. He was formerly head of coal trading at JPMorgan, and will continue to trade the commodity at Citadel. Abreu will be based in London.
Abreu's exit from JPMorgan follows the firm's acquisition of RBS Sempra Commodities' metals, oil and European power and gas businesses.
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 ...