Tuesday, 30 September 2014
Last updated 2 hours ago
Nov 20 2006 | 12:24pm ET
Beset by speculation that it is the hedge fund rumored Friday to be in dire straits, Citadel Investments says it is in no danger of blowing up.
A Citadel spokesman, Bryan Locke, denied Friday that the firm was in any trouble resulting from bad energy trades, as the rumors went. The firm reiterated its denial this morning.
“We are aware of the rumors,” Locke said. “They are completely unfounded.”
Reuters reports that people familiar with the Chicago firm’s two multistrategy funds say they are up about 20% 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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...