Wednesday, 22 October 2014
Last updated 11 hours ago
Aug 4 2011 | 1:40pm ET
Brevan Howard Asset Management is down another two partners.
Krishnan Sadasivam, who traded for its flagship hedge fund, and economist Filippo Altissimo have left the firm, Reuters reports. Their exits precede that of co-founder James Vernon—the "v" in Brevan—who will leave in September.
Sadasivan resigned this week. He had been poised to run a new India-focused hedge fund for Brevan, but the fund was never launched. It is unclear whether that failure resulted in his exit.
Sadavisam formerly worked at The Children's Investment Fund and KDA Capital.
Altissimo, a former economist at the European Central Bank, resigned for personal reasons, a source told Reuters.
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 ...