Monday, 20 October 2014
Last updated 2 days ago
Jul 2 2008 | 12:47pm ET
London-based asset manager New Star is getting a new alternative investments chief.
Donald Pepper will join New Star from Merrill Lynch International in September. He will lead its 10-member hedge fund team and oversee both its single-manager funds and funds of funds.
“Donald is a welcome addition to the hedge fund team and demonstrates the importance we attach to the growth of this area of our business,” New Star Chairman John Duffield said.
Meanwhile, another British asset manager is losing a top hedge fund manager.
Paul Findley, head of U.K. high alpha at Threadneedle, has resigned. Leigh Harrison will take over the high alpha team and Mark Westwood the U.K. Crescendo hedge fund until a permanent replacement is found.
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 ...