Tuesday, 21 October 2014
Last updated 5 min ago
Jul 7 2011 | 10:34am ET
Add two other prominent hedge funds to the roll call of June casualties: Renaissance Technologies and Tudor Investment Corp.
The former's Institutional Futures Fund fell 1.94% last month, extending its year-to-date losses to 2.48%, Dealbreaker.com reports. The fund lost 3.44% in May.
Tudor also suffered a second-straight down month, with its Momentum Fund down 1.6% and its Tensor Fund down 2.4%. The former dropped 3.27% in the first half and the latter lost 7.45%.
In May, the funds lost 4.95% and 6.75%, respectively.
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 ...