Tuesday, 21 October 2014
Last updated 5 hours ago
Nov 12 2012 | 12:44pm ET
Brevan Howard Asset Management has hired a rising star among mortgage traders.
The hedge fund giant will add Josh Bertman, who left Credit Suisse Group last month, less than a year after being named one of Forbes magazine's "30 under 30." Bertman is 29, and was earning "big revenue" for Credit Suisse, Forbes said.
At Brevan, Bertman will be based in New York, Bloomberg News reports. He has been with Credit Suisse since graduating from the Massachusetts Institute of Technology in 2005, and focused on trading agency collateralized mortgage obligations at the bank. He has been among the most active traders in that market.
Brevan has launched two funds focused on mortgage-trading this year.
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 ...