Friday, 24 October 2014
Last updated 2 hours ago
Feb 13 2008 | 7:56am ET
Hedge fund Strategic Value Partners has lured a top Merrill Lynch distressed debt trader. Graham Goldsmith is joining the Greenwich, Conn.-based shop run by his former colleague, Victor Khosla, Bloomberg News reports.
Khosla, who established a distressed debt trading desk as a managing director at Merrill, founder Strategic Value in 2001. The firm manages about $5 billion.
Merrill reportedly sought to hold on to Goldsmith, who served as head of corporate principal investments. Goldsmith had been with the Wall Street giant since 1994.
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 ...