Tuesday, 21 October 2014
Last updated 35 min ago
Sep 13 2013 | 10:17am ET
Hedge fund Mastic Investment Advisory has named a veteran bank trader as its CEO.
James O'Brien was also appointed chief risk officer at the Zug, Switzerland-based oil specialist, Bloomberg News reports.
O'Brien worked with Mastic chief investment officer Kieran McKenna at Goldman Sachs. He's also worked at Cargill, Citadel Investment Group, Credit Suisse, Deutsche Bank, Fortis Bank, JPMorgan Chase and Lehman Brothers.
Mastic's flagship hedge fund is down 3.5% this year. It returned 21% last year.
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 ...