Tuesday, 30 September 2014
Last updated 13 min ago
Jun 23 2008 | 11:27am ET
Two former Citigroup executives who oversaw some of the Wall Street giant’s huge losses are starting a hedge fund.
Randy Barker and Geoff Coley, who headed fixed-income at Citi before their departures late last year, are in the early stages of planning the fund and have spoken with some potential investors, according to Reuters. The fund is expected to focus on distressed debt and other credit strategies.
Barker and Coley are also in the market to hire traders and other staffers for the new venture.
At Citi, Barker and Coley oversaw a division responsible for a big chunk of the firm’s huge credit losses.
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...