Wednesday, 22 October 2014
Last updated 47 sec ago
Apr 15 2009 | 11:06am ET
London hedge fund Cheyne Capital has acquired fund of hedge funds shop Altedge Capital and made its founder chief investment officer.
Chris Goekjian was named a partner at Cheyne. He served as CEO and CIO of Altedge after a stint as CEO of Credit Suisse First Boston’s derivates group, a role in which he was fined by the U.K. Financial Services Authority for failing to detect and prevent alleged attempts by Credit Suisse to mislead Japanese authorities.
The deal for Altedge still requires regulatory approval. Given that, Cheyne expects to integrate the new acquisition into its business over the next six months.
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 ...