Wednesday, 22 October 2014
Last updated 5 hours ago
Jan 14 2009 | 12:59pm ET
Two 25-year-old Harvard University graduates from Greenwich, Conn., are braving the economic downturn by joining their hometown business. The duo is launching a macro hedge fund to invest in currencies, fixed income and commodities.
Newly-minted hedgies Brendan Petri and Manuel Aguilar next week will launch Thresher Global Management, the Stamford Advocate reports. The pair said the fund will benefit from volatility in the stock market and that they intend to grow the fund, which already has capital from three family offices and five individual investors, “as fast and as much as possible.”
Previously, Petri worked for two years as an analyst for a private equity group with Palisade Capital Management, while Aguilar was an analyst for a private equity group with Invercorp International.
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…
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 ...