Tuesday, 21 October 2014
Last updated 9 hours ago
Jul 24 2008 | 9:42am ET
Singapore’s bid to displace Hong Kong as Asia’s major hedge fund center is picking up momentum, as hedge fund assets managed in the city-state soared last year.
Singapore-based hedge funds managed about S$80 billion (US$58.8 billion) at the end of 2007, double what they managed a year earlier, the Monetary Authority of Singapore said. The booming hedge fund industry helped Singapore’s asset management industry grow 32% to S$1.17 trillion (US$862 billion).
The number of hedge fund firms in Singapore is also up, by more than 50%, to almost 300.
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 ...