Sunday, 19 October 2014
Last updated 2 days ago
Oct 18 2007 | 12:33pm ET
Emerging markets hedge fund firm GEM Global Equities Management has expanded its operations in London and hired Steve Wallace as business development and client relationship manager for the new office.
Prior to joining the GEM, Wallace served as a client relationship manager at ING in London, where he maintained senior level client relationships. GEM’s expansion comes as its assets under management have more than doubled in the last 12 months to reach US$750 million, according to the firm.
Anthony Inder Reiden, chairman of GEM Global, said: “We have seen flows into our funds more than double in the last 12 months and we believe that this is evidence that an increasing number of investors are recognizing our depth of experience in identifying deep value situations within emerging markets.”
GEM Global was established in 1993.
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 ...