Tuesday, 21 October 2014
Last updated 6 hours ago
Oct 26 2011 | 10:16am ET
Another British politician is facing scrutiny over his ties with a friend of a former British defense minister with ties to the founder of hedge fund CQS.
John Astor was trustee of a charity, Atlantic Bridge, whose only employee was Adam Werritty. Astor is an undersecretary for defense and a member of the House of Lords; the defense minister, Liam Fox, was forced to resign over his ties with Werrity earlier this month.
Werritty, a friend of Fox's and, according to reports in the British press, a lobbyist, had a desk at CQS in his capacity as executive director of Atlantic Bridge. CQS founder Michael Hintze also paid to fly Fox and Werrity back from the U.S. in May and is a major donor to the Conservative Party.
The U.K. Cabinet Secretary, Gus O'Donnell, has said that Werritty is not a lobbyist.
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 ...