Friday, 24 October 2014
Last updated 2 hours ago
Dec 17 2012 | 12:07pm ET
There aren't many hedge funds that have enjoyed 2012 as much as Odey Asset Management.
The London-based hedge fund's UK Absolute Return Fund is up 33.3% through November, when it added a further 1.4%. The fund manages US$582 million.
According to ValueWalk, Odey's best bets last month were its long stock portfolio. By contrast, its short bets cut into its returns for the month.
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 ...