Tuesday, 21 October 2014
Last updated 1 hour ago
Feb 4 2013 | 1:53pm ET
Soros Fund Management's former chief investment officer has hired a four-decade Credit Suisse veteran to head his hedge fund.
Doug Paul will serve as president of Anderson Global Macro, founded by Keith Anderson after he left Soros in the wake of its transition to a family office. The new firm will launch its maiden hedge fund this year, Bloomberg News reports.
Paul has been vice chairman at Credit Suisse for more than a decade. He and Anderson have known each other for almost 30 years.
Anderson worked at Soros from 2008 through 2011. He joined the hedge fund from BlackRock, which he co-founded.
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 ...