Wednesday, 1 October 2014
Last updated 11 hours ago
Dec 14 2011 | 11:04am ET
James Caird Asset Management is scuttling its flagship.
The London-based firm told investors that it would liquidate its JCAM Global Fund, a victim of poor performance, Bloomberg News reports.
"I have been frustrated by our performance during the current year," James Caird founder and JCAM Global fund manager Tim Leslie wrote. He added that he plans to return money from the fund "as quickly as possible."
James Caird, launched by the former Moore Capital Management trader in 2008, continues to manage two other funds. The firm has about US$3 billion in assets under management, including those at the JCAM Global Fund.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...