Thursday, 23 October 2014
Last updated 1 hour ago
Sep 23 2009 | 2:44am ET
Deutsche Bank’s hedge fund administration unit is in talks with EIM about the Swiss fund of hedge funds giant’s planned new fund platform.
The German bank is negotiating for the fund administration mandate for EIM, Reuters reports, although no final decision on an administrator has been made.
“EIM is in the process of conducting a project to set up a dedicated fund platform and will seek to convince a number of the funds EIM uses to set up on the platform,” EIM’s Bill Glass told Reuters. “The selection process has not yet been completed.”
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…
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 ...