Monday, 20 October 2014
Last updated 2 days ago
Jan 21 2014 | 12:25pm ET
A hedge fund helmed by a trio of former Goldman Sachs bankers has launched its Japan-focused maiden offering.
Golvis Investment rolled out its maiden hedge fund earlier this month with employee capital, Bloomberg News reports. Early returns are good, with the Asia Opportunity Fund up almost 2% through mid-January.
The firm plans to open the fund to outside investors during the first quarter.
Singapore-based Golvis was founded last year by Koji Gotoda, Takayuki Kasama and Taiichi Hoshino, Goldman vets all. Gotoda was head of Asian convertible bond trading at the bank, Kasama co-head of Japanese credit trading and Hoshino a managing director focused on fund structuring and marketing in Tokyo.
Golvis now employs 12 people, including five in the Japanese capital. All of them worked at Goldman under Gotoda and Kasama.
Golvis invests across asset classes, setting it apart from most Japan-focused hedge funds, which invest primarily in stocks.
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 ...