Wednesday, 22 October 2014
Last updated 31 min ago
Nov 2 2012 | 1:54pm ET
Brevan Howard Asset Management has bolstered its credit-trading team with a Goldman Sachs veteran.
The US$39 billion hedge fund added Wayne Leslie, formerly head of European investment-grade trading at Goldman. Leslie left the bank last month, Bloomberg News reports.
While Goldman confirmed Leslie's departure, neither he nor Brevan Howard would comment on his new post.
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 ...