Wednesday, 1 October 2014
Last updated 18 min ago
Oct 25 2013 | 10:35am ET
A handful of the traders ousted from Brevan Howard Asset Management this summer have landed at BlueCrest Capital Management.
The London-based firm has hired a former team of five from Brevan, led by Jason Feasey and Wayne Leslie, Bloomberg News reports. The group left Brevan in August, among the roughly one dozen traders to exit that hedge fund in the wake of losses suffered by its flagship.
Leslie started at BlueCrest on Oct. 18, according to the Financial Conduct Authority register. He worked at Brevan for less than a year after leaving Goldman Sachs, where he was a managing director in European investment-grade credit trading.
Feasey joined Brevan in 2011 from Bank of America.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...