Monday, 20 October 2014
Last updated 2 hours ago
Apr 9 2012 | 11:15am ET
Jupiter Asset Management is doing away with hedge funds as a separate business line as it prepares to switch investors into regulated vehicles.
The London-based firm plans to close its two hedge funds as part of a plan to offer hedge fund strategies through its segregated mandates. Jupiter said it made the move due to "client demand, led by changing regulation," according to HFMWeek.
The firm will close its Jupiter Hyde Park and Jupiter Financials funds. Investors will be given the option of moving into UCITS III-compliant versions of those funds, which have about £20 million 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 ...