Tuesday, 21 October 2014
Last updated 1 hour ago
Sep 5 2012 | 9:58am ET
Third Point may be getting some unwanted publicity today, but its investors are likely to be more interested in its continued success this year.
The New York hedge fund, which saw its name dragged through the mud in a lawsuit filed by the estranged wife of one its executives, said its flagship fund rose 1.8% last month, Reuters reports. Third Point Partners is up 7.9% on the year.
Third Point Ultra is doing even better: It's up 11.2% after rising 2.7% in August.
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 ...