Tuesday, 21 October 2014
Last updated 12 min ago
Oct 13 2008 | 10:58am ET
Prime brokerage firm Merlin Securities is beefing up its front line with the addition of a former Bear Stearns managing director.
Michael Tumulty is set to start at Merlin’s New York office on Wednesday, where he will lead the firm’s account executive service team.
Most recently, Tumulty was with Merrill Lynch, where he headed up client services for the firm’s global prime brokerage in the Americas. Prior to that, he was a managing director at Bear Stearns for 17 years.
In addition to Tumulty, Merlin has recenlty added three account executives to handle its rapidly growing client base. The technology-driven prime brokerage firm said it has taken on 35 new funds in the last 30 days, and expects to see another 70 on its roster by year’s end.
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 ...