Monday, 20 October 2014
Last updated 2 days ago
Aug 15 2007 | 7:38am ET
Emerging manager fund of funds shop Torrey Associates has hired John McClenahan as director of risk management. McClenahan joins Torrey from long/short equity shop North Sound Capital Management, where he served in a similar position.
"John brings a wealth of knowledge and experience in the risk management area to our firm," James Torrey, chairman, said. "Risk management is a vitally important part of our firm's investment process. John's outstanding background and depth of knowledge make him exceptionally well-qualified to lead this effort."
Torrey’s portfolios span a variety of strategies with a core emphasis on equity long/short and debt markets.
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 ...