Monday, 20 October 2014
Last updated 6 hours ago
Nov 21 2006 | 10:39am ET
Toronto-based alternative investments firm BluMont Capital has named Stephen Kangas as CEO. Kangas has served as the firm’s president since December 2005. He joined BluMont almost three years ago.
“Steve’s tremendous efforts have contributed to BluMont becoming a leading provider of alternative investments in Canada, and I am confident that under Steve’s leadership BluMont will continue to be successful as an innovator in the industry,” the firm’s chairman, Thomas Simpson, said.
Kangas worked at the former Midland Walwyn, BMO Nesbit Burns and TD Canada Trust, as well as his own consulting firm, prior to joining BluMont. The firm, whose majority shareholder is fellow Toronto alternatives firm Integrated Asset Management, has C$790 million in assets under management.
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 ...