Monday, 20 October 2014
Last updated 7 hours ago
Mar 4 2011 | 10:41am ET
While U.S. stocks have soared in the early going of 2011, SAC Capital Advisers is taking it slow and steady.
The Stamford, Conn.-based hedge fund giant's flagship strategy rose 1.15% last month. By contrast, the Standard & Poor's 500 Index returned 3.4% in February.
In January, SAC, which manages about $13 billion, returned 1.75%, also trailing the S&P500, which rose 2.3% that month.
SAC returned 15.85% last year, narrowly beating the S&P500.
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 ...