Monday, 20 October 2014
Last updated 7 hours ago
Sep 20 2007 | 6:17am ET
Hedge fund assets in Singapore are soaring, and investment banks are rushing to offer their services to them in the city-state. The latest to set up shop there is Deutsche Bank, opening a pair of desks to serve Singapore’s now US$26 billion hedge fund industry.
The bank debuted global prime finance and hedge fund capital introduction desks, which will compete with the likes of Citigroup, Morgan Stanley and Merrill Lynch, who are already in place in Singapore.
“The increasingly diverse and complex needs of our growing Singapore client base demand the services of a local, specialist client services team,” Denis MacCarthy, co-head of Asian equity sales, 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 ...