Thursday, 23 October 2014
Last updated 2 hours ago
Nov 27 2007 | 11:05am ET
Bernie Pallicer has joined Advent Capital Management as a managing director and associate portfolio manager on the firm’s convertible hedge funds and global convertible products.
Previously, Pallicer spent 13 years at Merrill Lynch where he ran the convertible trading desk after earlier serving in the high-yield department and trading emerging markets.
“Bernie brings a breadth of experience in convertible securities and we are excited to have him on board during this time of positive transformation in the convertible market,” said Tracy Maitland, president and CIO of Advent.
Advent currently manages some $4.4 billion in convertible, high-yield, equity and event-driven strategies, including three NYSE-listed closed-end mutual funds.
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 ...