Friday, 24 October 2014
Last updated 24 min ago
Aug 11 2011 | 12:08pm ET
The Wyoming Retirement System's first foray into hedge funds has reached its completion, with the selection of Tudor Investment Corp. as its sixth macro manager.
The $5.6 billion public pension has allocated $30 million to Tudor's Tensor Fund, HFMWeek repots. The mandate follows $30 million allocations to BlueCrest Capital Management, Brevan Howard Asset Management, Caxton Associates, Graham Capital Management and Moore Capital Management.
Wyoming will now move forward with its long/short investment program.
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 ...