Tuesday, 21 October 2014
Last updated 3 hours ago
Jun 18 2013 | 10:02am ET
After three weeks building positions in gold, hedge funds cut back last week.
Net-long positions in the precious metal fell by 4.1% in the week ended June 11, according to the Commodity Futures Trading Commission. It's the first such drop in net longs in three weeks.
Other commodities also saw a decline in confidence: Copper shorts more than doubled and cocoa bets, after hitting their highest level since 2008, suffered their biggest weekly drop since the beginning of the year. And short bets on silver set a record on the week.
Agricultural commodities saw increased interest, however, with net longs across 11 products rising 5.9%—despite a 9.3% drop in long positions in corn.
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 ...