Thursday, 23 October 2014
Last updated 1 hour ago
Sep 17 2012 | 1:55pm ET
Polygon Investment Partners aims to tap into the recent commodities turbulence with a new hedge fund focused on the mining sector.
The London-based firm rolled the fund without fanfare this summer, seeded with internal capital, Reuters reports. The long/short vehicle is led by Mike Humphries and Peter Bell, the latter formerly a mining analyst at MKM Longboat.
Polygon, which is struggling to rebuild its business after taking a battering during the financial crisis—it completed the long-drawn-out liquidation of its former flagship, Global Opportunities, last year—said the fund will invest in "misunderstood and mis-valued companies" using a "bottom-up" strategy.
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…
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 ...