Monday, 20 October 2014
Last updated 3 days ago
Feb 9 2012 | 2:00pm ET
Another Asian hedge fund has bitten the dust.
Thaddeus Capital Management liquidated its hedge fund following redemptions. All money was returned to investors earlier this year, Reuters reports.
Thaddeus is among more than 140 Asian hedge funds to close their doors in 2011.
The Hong Kong-based firm's Thaddeus Asia Event Driven Fund lost about 8% last year. The fund managed about US$300 million.
Thaddeus, founded by several HDH Advisors veterans and run by Charle Peza, elected to pull the plug in October, according to Reuters. The move came after some European investors filed redemption notices.
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 ...