Monday, 20 October 2014
Last updated 2 days ago
Jun 14 2012 | 12:49pm ET
Former Securities and Exchange Commission Chairman Richard Breeden’s hedge fund has lost its research and trading chief after just two years.
Joshua Fenton has resigned from Breeden Capital, the firm said in an SEC filing. The $645.7 million Greenwich, Conn.-based firm said that Michael Keating has taken Fenton’s research post on an interim basis.
Fenton, who formerly worked at Clay Finlay and Gabelli Asset Management, has joined another firm, although his wife refused to tell Bloomberg News which one. Fenton is currently traveling in China.
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 ...