Tuesday, 21 October 2014
Last updated 7 min ago
May 11 2007 | 11:28am ET
Everest Capital today opened a Shanghai research office to increase the Chinese presence of its Singapore-based pan-Asian research team. Director Xu Yun will head the new office, reporting to Shi Ming Lei, managing director of China Research, and Matthieu Vermersch, senior managing director for Asia, both based in Singapore.
Prior to joining Everest Capital, Xu served as a portfolio manager at China Securities Co. in Shanghai and previously worked as an auditor for Ernst & Young in China.
Marko Dimitrijević, Everest Capital founder and chief investment officer, said, “China is the most important story we may see in our lifetime. The challenge is to understand the macroeconomic scenario and find the companies best suited to gain from China’s broader growth.”
Everest Capital, with more than $2 billion AUM, is currently investing about half of its assets in Asia, where the firm manages three dedicated strategies: Everest Capital Asia, Everest Capital China Opportunity and Everest Capital Japan Opportunity. The strategies invest primarily in equities and opportunistically in debt, currencies and commodities, in long and short positions. The Asia and China strategies allocate between developed and emerging markets.
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 ...