Tuesday, 21 October 2014
Last updated 10 hours ago
Feb 13 2013 | 1:37pm ET
Hedge fund Duet Asset Management has launched a Latin American joint-venture with two former bank executives.
Duet Latin America unites the London-based hedge fund with CG Capital, founded by former Credit Suisse Latin America investment-banking head Pedro Chomnalez and former Barclays emerging-markets trading chief Diego Gradowczyk.
"Latin America is a strategic region for Duet, and this partnership with Diego and Pedro, two of the most experienced professionals in the region, will allow us to increase our asset management capabilities in emerging markets," Duet founder Henry Gabay said.
The joint-venture's maiden fund, Merchant Opportunity, will invest in non-financial assets and private equity in the region. It may also be given a hand in running Duet's existing Emerging Markets Real Estate Debt Fund.
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 ...