Wednesday, 22 October 2014
Last updated 1 hour ago
Jun 7 2013 | 11:31am ET
A hedge fund is set to become among the bigger shareholders of one of Scotland's most august soccer teams.
Charles Green, the former CEO of Rangers Football Club, will transfer more than 700,000 shares to Laxey towards the end of the year, when he is able to do so. The deal between the two sides was struck in October.
A consortium led by Green bought Rangers out of bankruptcy last summer. Green remains the club's largest shareholder.
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 ...