Jun 26 2013 | 2:10pm ET
The words of the Financial Times' James Morgan tell you all you need to know about derivatives, according to V2 Capital founder and chief investment officer Victor Viner: “A derivative is like a razor. You can use it to shave yourself… or you can use it to commit suicide.”
Viner uses the quote when pitching his fund—a strategy that is long equities, short index options. Viner says it's a response to those—like Warren Buffet, who once characterized derivatives as “weapons of mass destruction”—who look at the complex financial tools and see only risk.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…