Thursday, 23 October 2014
Last updated 29 min ago
Aug 20 2013 | 9:32am ET
BlackRock has nabbed the co-manager of NewSmith Capital Partners' flagship hedge fund to run a British debt vehicle.
Mark Wharrier will become co-manager of the £577.4 million BlackRock UK Income Fund, which has hit on hard times. He will work alongside co-manager Adam Avigdori, who has run the fund on his own since Nick Mcleod-Clarke took long-term sick leave in April, Investment Adviser reports.
Wharrier has led NewSmith's UK Hedge Fund and UK Equity Fund with Steve Thompson.
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…
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 ...