Tuesday, 21 October 2014
Last updated 57 min ago
May 31 2007 | 9:54am ET
New York-based Owl Creek Asset Management is reportedly prepping a Japan-focused activist fund to be launched sometime in July.
The Owl Creek Japan Fund will look to capture alpha in Japanese distressed names and is said to eventually raise $1 billion in assets under management.
The firm is currently marketing its latest offering to existing domestic and international investors with a pricey minimum investment of $5 million.
Calls and e-mails to Owl Creek were not returned by press time.
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 ...