Friday, 24 October 2014
Last updated 14 hours ago
Apr 10 2013 | 9:39am ET
Hedge fund Whitebox Advisors has hired the former chief risk officer for the Teacher Retirement System of Texas to oversee its strategic partnerships.
Kyle McDaniel's post at the Minnesota firm is a new one, leading its marketing team and its strategic relationships. He will remain based in Austin, Texas.
McDaniel joins Whitebox from Dorchester Capital Advisors, a $1 billion fund of hedge funds where he was chief strategy and administrative officer.
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 ...