Wednesday, 22 October 2014
Last updated 1 hour ago
Jul 18 2014 | 11:12am ET
Two more members of Cheyne Capital Management’s event-driven team have left the firm, bringing to four the number of event-driven managers to depart in the last two months.
Joseph Gebran and Anooj Unarket stepped down on July 4, about two weeks after news broke of event-driven head Simon Davies’ plan to retire from the firm in September. Both Gebran and Unarket were partners at the hedge fund, which they joined in 2010.
In May, Michel Massoud, Davies’ former co-head of event-driven, also left Cheyne. The group is now led by Pierre-Marie di Maria Laval, who joined Cheyne from Meditor Capital Management in March.
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 ...