Wednesday, 22 October 2014
Last updated 14 hours ago
Apr 24 2008 | 2:18pm ET
New York-based Galleon Group plans to open a Singapore office to run its two-year-old Asian long/short equity hedge fund.
The firm is hiring Asian experts for the new office, which will also look into new business ventures, Reuters reports.
Galleon, founded in 1997 by Raj Rajaratnam, manages US$7.5 billion. The Asian fund manages US$1.1 billion.
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 ...