Wednesday, 22 October 2014
Last updated 16 hours ago
Jul 24 2008 | 7:53am ET
Italy is not a particular welcoming place for hedge funds, but that could be changing.
A new report on the state of the Italian mutual fund industry, backed by the Bank of Italy, proffers a number of proposals that would make the country much more hospitable to hedge funds, according to the Alternative Investment Management Association. The lobby group published its own survey on the subject two years ago.
Among the proposals are lower minimum investments for hedge funds and funds of hedge funds, getting rid of the maximum number of participants in a fund and a separate regulatory regime for funds of funds.
“This initiative will start a deep and material change within the fund industry in Italy,” Massimo Maurelli, who represents the country on the AIMA council, said.
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 ...