Thursday, 2 October 2014
Last updated 16 hours ago
Oct 2 2007 | 10:28am ET
The head of the world’s largest publicly-traded hedge fund firm says rumors of the industry’s decline are greatly exaggerated.
Peter Clarke, Man’s CEO, said the explosive growth of the hedge fund industry will continue, in spite of poor returns and widely-reported trouble, especially related to the U.S. subprime mortgage market.
And hard evidence backs him up: According to HedgeFund Intelligence, hedge funds now manage some $2.5 trillion globally.
“I’d say there is no current indication that industry growth rates will materially change,” said Clarke, at an event sponsored by Reuters in London. “We continue to see an institutional appetite for products.”
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...