Friday, 24 October 2014
Last updated 16 hours ago
Sep 11 2013 | 10:21am ET
Mariner Investment Group is adding environmental considerations to its investment process, becoming one of the first hedge funds to sign on to the United Nations-backed principles for responsible investment.
New York-based Mariner has subscribed to MSCI's ESG Portfolio Analytics and will incorporate the environmental, social and governance research, ratings and screening tools into its decision-making.
"Our investors are increasingly taking into consideration the environmental, social and governance implications of their investments in portfolio allocation," Bracebridge Young, CEO of the $10 billion firm, said. "While we're still in the early days, we believe that adhering to these principles and incorporating them into our investment decision-making processes will enable us to achieve better risk-adjusted returns for our clients over the longer-term."
"The hedge fund community is a relatively new entrant to the space," MSCI senior sales associate Sarah Greenberg told The Wall Street Journal. "I probably could count the number of hedge funds on one hand three or four years ago."
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 ...