Thursday, 23 October 2014
Last updated 1 hour ago
Dec 8 2011 | 1:59am ET
More hedge funds closed and fewer hedge funds opened in the third quarter, the worst three months in three years for the industry in terms of performance.
Some 213 hedge funds liquidated between July and September, the most since the beginning of last year, Hedge Fund Research data shows. But the total number of hedge funds actually increased, thanks to 265 funds opening their doors over the period.
But that number also shrank, from 280 in the second quarter. All told, 843 hedge funds have opened this year, keeping the industry on pace for the most launches in four years.
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 ...