Monday, 20 October 2014
Last updated 2 days ago
Jan 8 2013 | 11:06am ET
The Man Group, beset by continued investor outflows, is shaking up its GLG Partners division.
The shrinking hedge fund giant said it had hired Sudi Mariappa and Kumaran Damodaran from Pacific Investment Management Co. and Brian Pinto from the World Bank. In addition, it named investment strategist Jamil Baz to head GLG's macro strategy and shifted Richard Bateson to GLG from its flagship AHL strategy, as a senior quantitative analyst.
Mariappa, who started at GLG late last year, will lead the group's fixed-income business. Pinto will serve as a senior macro economist focused on emerging markets.
Mariappa and Damodaran worked on absolute return strategies at PIMCO.
"I am pleased to be leading GLG's expansion in this area alongside someone as distinguished as Jamil," Mariappa said. "We have already been developing a unique common research platform covering analytics and macroeconomic research, which the team will use to inform their investment decisions."
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 ...