Tuesday, 21 October 2014
Last updated 2 hours ago
Aug 26 2011 | 9:38am ET
Wisconsin is warning its residents to beware of hedge fund and private equity frauds.
The state's Department of Financial Institutions said it has received a number of complaints about potential scams this year.
"Whether described as a hedge fund, trading program, high-yield investment fund or private equity fund, we are seeing a lot of people taking chances in alternative investments," Leslie Van Buskirk, chief enforcement officer of the state's Division of Securities, said. "They are being promised a very large return on investment in a relatively short time frame and told that it is a safe or guaranteed investment." Many may be Ponzi schemes, she added.
The list of possible scams include distressed real estate, energy, gold and precious metals and securitized life settlement contracts, according to the list put together by the North American Securities Administrators Association.
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 ...