Monday, 20 October 2014
Last updated 2 days ago
Jan 12 2012 | 5:06am ET
Hedge fund Alphabet Management is in the market for some new traders.
The New York-based relative value volatility specialist aims to hire several credit and equity derivatives traders over the next few months, HFMWeek reports. Alphabet is expanding into those strategies, beginning with the hire last year of an equity derivatives trader from Susquehanna International Group. It also added a foreign exchange trader in December.
"These new hires will broaden our geographical reach and improve our trading of these assets," Nelson Saiers, chief investment officer of the $640 million firm, told HFM. Alphabet's assets under management nearly tripled last year.
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 ...