Tuesday, 21 October 2014
Last updated 10 hours ago
Apr 10 2009 | 8:09am ET
The Bank of New York Mellon’s prime brokerage unit has unveiled a pair of new tools for its business consulting clients.
Pershing’s prime services group now offers a start-up simulator tool and a new guidebook, A Guide to Establishing a Hedge Fund. The start-up simulator is designed to help hedge fund managers plan for their early days, especially the first 18 months of operation.
“Embarking on the launch of a new hedge fund can be a challenging and overwhelming experience,” Craig Messinger, managing director of Pershing Prime Services, said. “Through our strategic relationships with a broad array of industry experts and our companies' broad-based experience serving hedge funds, we have integrated a wide range of tools into a comprehensive practice management offering to provide hedge fund managers with actionable information, ready-to-execute solutions and hands-on business development support to help ensure that they are well positioned to grow their businesses.”
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 ...