Wednesday, 22 October 2014
Last updated 19 min ago
Aug 11 2006 | 12:00am ET
For the second time in a week, The Carlyle Group has nabbed a top Deutsche Bank executive for its long-awaited hedge fund.
Rick Goldsmith, the head of Deutsche Asset Management’s hedge fund business, will join the new venture.
Last week, Carlyle named DB’s head of proprietary trading, Ralph Reynolds, to head the new hedge fund.
Reynolds and Goldsmith served together as co-heads of global equity derivatives at DB. Without missing a beat, DB said Charles Leitner, who heads the bank’s real estate business, will succeed Goldsmith as global head of alternative investments at DeAM. Leitner starts his new job on Sept. 1.
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 ...