Wednesday, 22 October 2014
Last updated 6 hours ago
Jan 10 2013 | 2:02pm ET
Jixin Dai, who spent more than a decade at Soros Fund Management and helped set up the firm's Hong Kong office two years ago, will launch his own hedge fund.
The Chinese native has founded Jixin Capital in Hong Kong, HedgeFund Intelligence reports. Dai is the most recent top Soros executive to leave the firm in the wake of founder George Soros' decision to return outside capital in July 2011.
Dai had spent 11 years at Soros. He helped establish Soros' first Asian base in Hong Kong in 2010, but returned to New York last 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…
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 ...