Tuesday, 30 September 2014
Last updated 34 min ago
Jan 18 2012 | 11:13am ET
Babson Capital Management finds itself drawn inexorably to credit markets, an inclination it has no plans to deny.
The MassMutual subsidiary plans to increase its multi-strategy fund's exposure to debt, fund manager William Awad said. The five-year-old fund will invest between 5% and 10% of its assets in credit.
"If you look at debt spreads versus equities, debt spreads seem attractive now compared to historical averages," Awad told HFMWeek.
Which is not to say that Babson is abandoning stocks. To the contrary, the firm plans to team with sister MassMutual affiliate Baring Asset Management to co-manage the portfolio.
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...