Monday, 20 October 2014
Last updated 4 hours ago
Mar 18 2014 | 12:49pm ET
UBS has merged two of its hedge-fund services businesses, uniting capital introduction and business consulting under one umbrella.
The new capital and consulting services unit is part of the Swiss bank’s prime brokerage business. It will be led by London-based Mike Sales, who had been both global head of UBS’s business consulting services and regional head of capital introduction. He will report to global head of prime brokerage Reinhardt Olsen and co-head of global financing services in Europe, the Middle East and Africa Richard Heyes.
“The combination will enable us to offer a more strategic agenda for our hedge fund clients,” Olsen said in an internal memo.
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 ...