Wednesday, 22 October 2014
Last updated 12 hours ago
Jan 7 2014 | 1:58am ET
Hedge funds' leverage levels held steady in the three months to November, according to a Federal Reserve survey of banks.
The Fed said that "responses to the core questions generally suggested little change over the past three months." The central bank polled 22 Wall Street banks between Nov. 19 and Dec. 2 to learn about lending conditions from September through November.
While the lending environment for hedge funds and pension funds remained unchanged, the Fed did say that one-third of respondents saw a decline in leverage at real-estate investment trusts during the period.
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 ...