Wednesday, 22 October 2014
Last updated 17 hours ago
Mar 24 2008 | 12:53pm ET
New York hedge fund Wooster Asset Management has hired three professionals as the burgeoning firm prepares to move to larger quarters.
Wooster has added Yong Han-Lee and Shankar Narayanan to its research team, while Diana Rhodes has been named manager for operations and finance.
Han-Lee, a physics Ph.D., will serve as quantitative analyst focused on trading strategies and execution. He joins the firm from foreign exchange hedge fund Apollo Systems Research Corp., and previously worked at Millennium Partners.
Narayanan was named Wooster’s risk manager as part of its research team. He joins from MSCI Barra, where he was a senior research associate in alternative investments.
Rhodes joins Wooster from Harbor Advisors, where she was a trader and operations manager.
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 ...