Thursday, 23 October 2014
Last updated 1 hour ago
Nov 14 2011 | 10:48am ET
A top executive at hedge fund Hammerman Capital Management has left the firm to join a California money manager.
Reynold Samoranos had been both CFO and chief compliance officer at Hammerman. Now, he's taken up the latter post with Valentine Capital Asset Management.
"Throughout his career, Reynold has proven to be a leader in investment management operations and compliance," founder John Valentine said. "His expertise and insight into the complexities of today's regulatory environment is an invaluable asset, and we are excited to welcome him to our firm."
Prior to his stint at Hammerman, Samoranos was a founding principal at RKB Investment Group and CFO at Newport Pacific Management. He also formerly served as CFO of Hanson Investment Management and as a member of Citicorp's West Coast institutional banking group.
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…
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 ...