Tuesday, 21 October 2014
Last updated 47 min ago
Jan 6 2011 | 2:50am ET
After a year-and-a-half overseeing Yeshiva University’s investments, Sid Browne is returning to the private sector.
Browne, named the New York school’s first chief investment officer in August 2009, resigned on Dec. 24, Pensions & Investments reports. He joined the school from Brevan Howard Asset Management, where he was U.S. CIO.
Browne took the helm at Yeshiva’s $1.2 billion portfolio after the school lost more than $100 million in the Bernard Madoff scam; Madoff feeder fund magnate J. Ezra Merkin was a trustee of the university.
It is unclear what Browne’s plans are; P&I reports that he will take a post in investment management.
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 ...