Tuesday, 21 October 2014
Last updated 3 min ago
Mar 22 2012 | 2:36am ET
Ten years after founding his own hedge fund, Luke Halestrap has joined one of the industry's most well-established institutions.
Halestrap became a portfolio manager at BlueCrest Capital Management in January, Reuters reports. He works on the firm's US$10.8 billion global macro International Fund, helmed by BlueCrest founder Michael Platt.
Halestrap's move to BlueCrest marks a return to the industry for him. He founded the late Northbay Investment Management in 2002 before moving on to investment banking. Most recently, he was head of Europe, Middle East and Asia rates at Bank of America Merrill Lynch, a post he left 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 ...