Tuesday, 21 October 2014
Last updated 1 hour ago
Jan 4 2013 | 10:38am ET
Gabelli & Partners has launched an offshore version of its corporate bond hedge fund.
The Gabelli Intermediate Credit Fund, like its onshore counterpart, is managed by Wayne Plewniak, Gabelli's director of fixed-income. The new fund debuted on Jan. 1.
“Wayne has successfully managed the Gabelli Intermediate Credit Fund L.P. since its inception in 2007. We are responding to the request of a number of our non-U.S. and non-taxable U.S. clients to provide access to this strategy while affording the benefits of an offshore vehicle for the Fund,” said Michael Gabelli. “The onshore version of the Gabelli Intermediate Credit Fund is now armed with a solid five year track record run by an experienced manager who has a consistently applied investment strategy in a fund with significant capacity.”
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 ...