Monday, 20 October 2014
Last updated 7 hours ago
Sep 2 2011 | 9:39am ET
Two years after he was named co-head of prime brokerage in Asia ex-Japan at Deutsche Bank, David Murphy is on the move.
Murphy is to join Citigroup, where he will lead prime finance in the Asia-Pacific region. He'll take over from Hannah Goodwin in December; Goodwin will remain at the firm, answering to Murphy as head of prime brokerage in the region, handling its client-facing business, Citi said in an internal memo seen by Reuters.
The hire of Murphy comes as Citigroup seeks to boost its headcount in Asia by about 80 people this year.
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 ...