Monday, 20 October 2014
Last updated 13 min ago
Jul 2 2013 | 2:31am ET
GLG Partners has expanded its macro team with the addition of a former Russell Investments portfolio manager.
James Ind was named a portfolio manager at the Man Group subsidiary. The new post is part of GLG’s macro relative-value team, which is led by GLG chief investment strategist Jamil Baz and new hire Sudi Mariappa.
Ind will manage a total return strategy at GLG. At Russell, he led a $6 billion multi-asset team.
Ind’s new fund, set to launch in the next several weeks, will invest across asset classes to achieve returns of 5% over Libor.
“Ind’s experience will be invaluable as we seek to deliver a compelling proposition to a segment of the market currently dominated by a handful of players,” GLG’s U.K. retail chief, Richard Phillips, said.
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 ...