Monday, 20 October 2014
Last updated 6 hours ago
Aug 11 2008 | 12:06pm ET
A London hedge fund has formally alerted the U.K.’s financial regulator that it was the victim of collapse rumors on Friday.
Sabre Fund Management said the “spoof” rumors suggested that rogue trading had the firm facing big losses. In addition to alerting the Financial Services Authority, Sabre has begun its own investigation of the rumors, which included details that pointed to Sabre.
“Our investors already know that we’re perfectly alright; a lot of our business is via segregated managed funds so they can see their assets very clearly,” managing principal Melissa Hill told Thomson Investment Management News. Hill said the firm’s Sabre Style Arbitrage Fund has met its performance expectations this year.
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 ...