Thursday, 23 October 2014
Last updated 52 min ago
May 14 2007 | 1:35pm ET
Credit Suisse has added fund of hedge funds veteran Lance Babbit to its multi-manager portfolios business as a senior portfolio manager. He is based in New York and reports to Ed Robertiello, head of multi-manager portfolios.
Babbit joins from Focus Investment Group, where he led its multi-strategy and customized solutions portfolios. CS is the latest stop on a peripatetic career that began with law firm Gerstein Savage and has taken him to Weiss, Peck and Greer, JPMorgan Chase and Deutsche Bank, where he spent four years as a senior portfolio manager for multi-strategy funds of funds and headed research for event-driven and short-selling funds.
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…
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 ...