Friday, 24 October 2014
Last updated 16 hours ago
Mar 27 2014 | 2:42pm ET
Ignis Asset Management is getting a new corporate parent.
Standard Life will pay £390 million for Ignis, which has £59 billion in assets under management, including hedge funds. The combined company will have nearly £250 billion in assets.
Ignis is currently owned by Phoenix Holdings.
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…
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 ...