Monday, 20 October 2014
Last updated 1 min ago
Nov 15 2006 | 11:39am ET
DPM Mellon CEO Robert Aaron has been elected to serve a second term as chairman of hedge funds’ principal lobby group in Washington, the Managed Funds Association.
He’ll be joined on the board of directors by four new faces, each elected to a two-year term: Jolyne Caruso of Lehman Brothers absolute return strategies, Robert Caruso of Highbridge Capital Management, George Hall of the Clinton Group and Tracy-Wills Zapata of Campbell & Co.
“MFA’s mission is to preserve an environment that fosters ingenuity and opportunity for managers and their investors,” Aaron said. “Our new board of directors represents a cross-section of some of the best talent in the industry, and is dedicated to forming policy that will allow the industry to thrive.”
Four other directors were reelected: Philip Duff of FrontPoint Partners, Patrick Egan of Morgan Stanley Managed Futures, Kevin Shannon of Moore Capital Management and John Torell of Tudor Investment Corp.
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 ...