Wednesday, 22 October 2014
Last updated 16 hours ago
Aug 16 2011 | 1:19pm ET
BTIG, a broker-dealer specializing in servicing the alternative investments industry, has opened an outsource trading desk in Hong Kong.
The new service extends BTIG's outsource trading service to Asia, and follows the establishment of a similar desk in Sydney, Australia, last year. The new effort is headed by executive director Trevor Harrison.
"We believe much of the growth in the Asia-based outsource trading service will come from new manager launches," Harrison said. "New managers will choose outsource trading as an interim solution until their assets under management support hiring a bigger team. We also expect that existing fund managers will add BTIG as an extension of their internal dealing desk or as a substitute for employing one in-house."
Jesse Lentchner, BTIG Chief Executive Officer for Asia Pacific, added, “BTIG understands the challenges facing fund managers who want to execute their global strategies and grow their managed assets without having to build out a dedicated in-house trading desk. BTIG’s Outsource Trading Desk provides these managers not only with a valuable service, but also with instant trading expertise.”
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 ...