Wednesday, 1 October 2014
Last updated 13 hours ago
Oct 5 2006 | 2:32pm ET
Stuart Hendel, who left Morgan Stanley’s prime brokerage unit two years ago to join hedge fund Eton Park Capital Management, is returning to his former employer to head up that division.
The Wall Street Journal reports that Hendel will lead the firm’s global prime brokerage division. In his last go-around with Morgan Stanley, he was co-head of U.S. prime brokerage.
In Hendel’s two years at Eton Park, he served as operations chief, creating a state-of-the-art back-office infrastructure. He is the fourth big name to leave the $5.5 billion hedge fund recently, following former trading and derivatives chief Scott Prince, chief risk officer Chris Perez and head of European derivatives trading Nagi Bedwani.
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...