Wednesday, 22 October 2014
Last updated 14 hours ago
Oct 25 2012 | 11:04am ET
"Hedge fund royalty" is about to become a term with literal truth.
Noster Capital partner Christopher O'Neill has become engaged to an actual princess, Madeleine of Sweden. The couple, who live in New York, are to exchange vows in the summer in Sweden.
"Chris proposed to me in New York at the start of October, and we are very happy," Madeleine said in a video posted on the Swedish royal family's Web site. The two have known each other for two years, O'Neill said; he accompanied her to the baptism of her niece, Princess Estelle, in May.
Madeleine, eight years the 38-year-old hedge fund executive's junior, is the youngest of King Carl XVI Gustaf and Queen Silvia's three children and is currently fourth in line for the Swedish throne. She works for her mother's nonprofit, the World Childhood Foundation, in New York.
The engagement is the second for the princess: She broke off an earlier relationship two years ago, after her then-fiancé reportedly cheated on her.
O'Neill is head of research at Noster. The British native holds dual U.S. and U.K. citizenship. He said in the video that he endeavors to learn Swedish, "but it is difficult."
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 ...