Tuesday, 21 October 2014
Last updated 7 hours ago
Jan 14 2009 | 10:20am ET
Hedge fund cash management shop Horizon Cash Management has hired Taylor Nigro as director of sales responsible for marketing the firm’s services to investment managers throughout the Northeast.
Nigro reports to Pauline Modjeski, president of Horizon Cash Management.
Most recently, Nigro was a financial advisor in institutional and individual sales at Wachovia Securities where he was involved in analyzing, designing and selling portfolio services.
Nigro’s hiring comes on the heels of the firm’s announcement that it has captured more than $600 million in new assets last quarter as many hedge fund managers look to park their cash with an independent specialized provider.
“The same reasons cash came to the forefront last year are even more important to managers and their investors,” said Modjeski. “In a post-Madoff world, independent, third-party providers will be looked to even more.”
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 ...