Monday, 20 October 2014
Last updated 8 hours ago
Sep 13 2011 | 12:26pm ET
UBS Global Asset Management has hired a pair of alternative investment veterans to its global fixed-income team.
Former Polar Capital macro chief Paul Lambert will become head of currency and lead portfolio manager of its Currency Alpha Fund at the end of October, and Union Bancaire Privée absolute return manager Kevin Zhao a senior portfolio manager.
Lambert left Polar after his US$48 million Discovery fund was shut down. He formerly worked at Deutsche Asset Management. In addition to Currency Alpha, Lambert will have a hand managing UBS' other currency strategies.
Zhao worked at Goldman Sachs Asset Management before joining UBP.
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 ...