Friday, 24 October 2014
Last updated 13 hours ago
Aug 4 2011 | 12:54pm ET
Mesirow Financial said today that it will open a fund of hedge funds office in Hong Kong, its first Asian office outside of the Middle East.
The Chicago-based firm's Mesirow Advanced Strategies unit will move several senior investment and client relations professionals to the new office in the fourth quarter.
"Being on the ground in Hong Kong will provide many benefits to our clients,” Marty Kaplan, CEO of Mesirow Advanced Strategies, said. “It will foster stronger relationships with our existing client base in Asia, which represents approximately 30% of our assets under management. It will also strengthen our research capabilities by enhancing our market knowledge within the region and providing for greater sourcing opportunities in selecting Asian hedge fund managers.”
Mesirow launched a joint-venture in Abu Dhabi in February and has had a presence in London since 2007.
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 ...