Monday, 20 October 2014
Last updated 8 hours ago
Jul 9 2014 | 6:23am ET
The Securities and Exchange Commission is set to turn its wary eye on so-called alternative mutual funds.
The regulator plans to begin a set of examinations of such funds, known as a sweep, later this summer or in the fall, the head of its investment management division, Norm Champ, said last week. The SEC will focus on leverage, liquidity, compliance, valuation, governance and disclosure, he added.
The sweep will initially include between 15 and 20 fund families, Champ said.
Investors have poured billions into alternative funds in recent years, as investors shut out of traditional hedge and private-equity funds flock to mutual funds promising similar strategies.
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 ...