Wednesday, 1 October 2014
Last updated 13 hours ago
May 13 2013 | 10:24am ET
Millenium Management chief Israel A. Englander's Managed Accounts & Prime Services division has opened an office in Palm Beach County, Florida.
Brett Langbert, who recently joined MA&PS from HedgeCo Networks as managing director and head of sales, will be in charge of the new office, dividing his time between it and MA&PS’ New York office. MA&PS also has an office in Santa Monica, California.
Palm Beach County, with its business-friendly climate (and lack of a state income tax) is becoming something of a haven for hedge funds.
“Palm Beach County is an ideal location for MA&PS to expand its operations because it’s a region that is in need of the services that we offer to the alternative asset community,” said I.A. Englander President Stephen Tobias. “We anticipate that more hedge funds and investors will relocate to this area which presents a terrific opportunity for MA&PS to significantly grow its client base in this dynamic business environment.”
MA&PS provides multi-prime brokerage services for the small and mid-cap hedge fund community and investors.
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...