Monday, 20 October 2014
Last updated 11 min ago
Oct 11 2012 | 8:18am ET
The Alternative Investment Management Association, a hedge fund lobby group, is looking to expand to the Middle East.
Sohail Jaffer of FWU Group, a former AIMA chair, will spearhead the effort to create a network for managers and service providers in the Middle East. Jaffer, the current AIMA EMEA regional advisory council member, is based in Dubai.
“There is already a significant hedge fund industry community in the Middle East, both in terms of managers and service providers,” said Jaffer, in a statement. “The region’s authorities are also taking a keen interest in hedge funds and are encouraging the growth of the local asset management industry. And of course many investors in the region either have extensive experience of investing in alternative investments or are looking at increasing their allocations in that area. We look forward to working with investors, policymakers and regulators across the region.”
A series of educational and networking events are planned in the region, with the first one likely to take place next month. An initial AIMA Middle East group meeting has been held in Dubai.
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 ...