Friday, 24 October 2014
Last updated 13 hours ago
Oct 15 2012 | 9:05am ET
China's SAIF Partners is poised to become the first major Chinese private equity firm to try its hand at hedge funds.
The $4 billion firm headed by former World Bank economist Andrew Yan plans to launch the SAIF Partners Greater China Fund, a long/short equity fund. Reuters, which has seen marketing materials for the new fund, said there is no mention of a launch date or start-up capital.
Former Credit Suisse executive Brandon Lin, who joined SAIF in 2001 and is a partner, is listed in the marketing documents. Oliver Liang Zeng, a Boyer Allan vet, has joined SAIF as an assistant portfolio manager.
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 ...