Wednesday, 22 October 2014
Last updated 11 hours ago
Jan 15 2013 | 10:25am ET
Key Asset Management's former risk-management architect has joined institutional advisory firm bfinance.
Toby Goodworth was named head of risk management at the firm. There, he'll work alongside a former Key colleague, Chris Jones, who was named head of alternatives at bfinance last year.
Goodworth was head of risk at Key, building its risk models. He spent eight years at the fund of hedge funds.
"As we continue to grow our team and develop our global capabilities, Toby is joining us to provide strategic guidance and expert risk management counsel," bfinance CEO David Vafai said. "He is an excellent manager with a fantastic track record and his insights and market risk management philosophy will help our clients to rationalize their portfolios and execute their investment plans."
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 ...