Tuesday, 30 September 2014
Last updated 2 hours ago
Aug 18 2014 | 9:46am ET
George Soros made a fortune betting against the British pound 22 years ago. But if U.S. stocks collapse, he’s poised to make a fortune that would dwarf the $1 billion he made in 1992.
The billionaire’s family office, Soros Fund Management, increased its short position against the Standard & Poor’s 500 Index more than seven-fold to $2.2 billion, it said in a regulatory filing. The put options account for more than 16% of the firm’s total portfolio.
In spite of the massive short bet against the SPDR S&P 500 ETF, Soros remains net-long equities.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...