Tuesday, 30 September 2014
Last updated 5 hours ago
May 7 2013 | 10:56am ET
Ethan Youderian, who started his career at the Chicago-based Citadel Investment Group, has become CIO for another Windy City firm, Performance Trust Investment Advisors.
Youderian, who joined Citadel in 1994, was a managing director and senior portfolio manager responsible for the firm’s multi-billion-dollar North American convertible bond portfolio. In 2005, he joined a Chicago startup company as executive vice president, and eventually became a member of its board of directors. From 2009, Youderian was a portfolio manager/strategist for a Lake Forest, IL-based proprietary trading firm where he ran complex strategies employing corporate bonds, swaps, derivatives, currencies, equities and Treasuries.
In his new role at PTIA, Youderian will be responsible for the management of the firm's investment activities and risk oversight, along with new investment product and strategy development.
Said Doug Rothschild, PTIA president, in a statement: “We are thrilled to add someone of Ethan’s pedigree and experience to our team at PTIA. Ethan brings a vast amount of credit investing expertise that will certainly leverage and extend our existing fixed income capabilities.”
PTIA, which had over $980 million in net assets as of March 31, 2013, specializes in the credit and fixed income 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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...