Tuesday, 21 October 2014
Last updated 1 hour ago
May 29 2012 | 7:37am ET
A top Morgan Stanley prime brokerage salesman is set to join rival Citigroup to lead its effort in China.
Carl Davey was named head of prime brokerage sales for Greater China, Reuters reports. At Morgan Stanley, he was head of prime brokerage sales in Singapore; in that role, he will be replaced by Stella Jaeger, an executive director on his team.
Davey is one of just four new hires by Citi's prime brokerage in Asia, according to its head, David Murphy. The others include David Stanbridge, formerly of Kilometre Capital.
Davey spent 16 years at Morgan Stanley.
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 ...