Monday, 20 October 2014
Last updated 4 hours ago
Feb 15 2012 | 1:19pm ET
New York-based Contour Asset Management has opened its flagship to outside investors.
The firm, founded by a pair of former professionals at Brummer & Partners and backed by the Swedish hedge fund giant, manages the Manticore Fund. Manticore was under Brummer's purview prior to Contour's spin-off in 2010.
Manticore is an equity long/short telecommunications, media and technology fund, investing in the U.S. Its opening to outside money was first reported by HFMWeek.
Contour founders David Meyer and Seth Wunder worked at Manticore during their time at Brummer. Meyer spent six years at the firm, moving to Manticore in 2005, while Wunder joined Manticore in 2009.
Contour has about $1 billion in assets under management.
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 ...