Thursday, 23 October 2014
Last updated 1 hour ago
Aug 4 2011 | 12:34pm ET
At least one European hedge fund is facing down the continent's stock volatility. And Varus Capital Management's flagship hedge fund isn't just surviving, but thriving amidst the industry's summer swoon.
The €20 million Varus Fund, which was up almost 16% in the first half while the average hedge fund limped to essentially flat—or worse—returns, hasn't been fazed by August's stock selloff, either. The fund was up 1.2% during the month's first three days, three days that saw the continent's major stock indices plummet between 6% and 8%.
Varus is based in Zürich.
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 ...