Thursday, 23 October 2014
Last updated 2 hours ago
Apr 10 2008 | 6:52am ET
Merrill Lynch has launched Merrill Open Minds, a service that provides alternative research products and services to hedge funds, mutual funds and other investors.
Merrill Open Minds announced yesterday that it has reached an agreement with seven alternative research providers with expertise in extra-financial information, corporate integrity risk, federal policy, healthcare, media, energy and consumer surveys. Merrill will market these research providers to institutional trading clients through the firm’s global institutional and sector specialist sales teams.
“The third-party research market is currently worth $1.5 billion and is experiencing double-digit growth every year,” said Michael Stewart, head of global cash equities at Merrill Lynch. “Moreover, trading volumes are correlated with quality research content, and by complementing our proprietary research with third-party content, we expect to attract incremental trading volumes.”
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 ...