Wednesday, 22 October 2014
Last updated 13 hours ago
Aug 28 2012 | 10:41am ET
Cevian Capital has added another U.S. state pension fund to its roster of clients.
The Swedish activist hedge fund won a $250 million mandate from the Virginia Retirement System, Bloomberg News reports. That deal comes just months after the firm, founded by Christer Gardell, received a $150 million mandate from the New Jersey Division of Investment.
Cevian focuses on European companies.
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 ...