Tuesday, 21 October 2014
Last updated 35 sec ago
Mar 1 2012 | 12:05pm ET
Hedge fund Camargue Capital Management is calling it quits after four years.
The London-based firm will return what is left of its US$90 million in assets following a key investor's decision to redeem, HFMWeek reports. The timeline for the liquidation is unclear.
The investor is believed to have filed its redemption request at the beginning of the year. Camargue lost 13.5% in 2011.
Camargue was founded by Benn Spiers, formerly co-manager of GLG Partners' European Opportunities Fund and former European trading chief at Soros Fund Management, in 2008. The fund managed an equity long/short strategy.
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 ...