Wednesday, 1 October 2014
Last updated 9 hours ago
Sep 30 2006 | 9:08am ET
New York investment bank Jefferies Group is vying for a slice of the lucrative prime brokerage market, where it will compete with its larger Wall Street brothers, including Bear Stearns, Goldman Sachs and Morgan Stanley.
Next week the firm is launching a prime brokerage that will focus on smaller and mid-sized hedge funds – those with between $25 million and $1 billion in assets – instead of shooting for the giant funds serviced by giant banks.
The prime brokerage aims to have 25 hedge fund clients by the end of 2006, and hopes to add up to 120 new clients next year.
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...