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Hedge Fund Managers & Pedigree - Who Knows You?

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In the hedge fund industry t is not what you know, it is not who you know. It is who knows you. MPC Investors is a $3B hedge fund based in London. Last month they raised $900M to launch a pan-European directional long/short fund. This was while a higher than usual number of funds were losing assets or struggling to gain as much progress as they had during first two quarters of 2007. To launch this fund they closed two Asian-based hedge funds that had failed to reach critical mass assets under management(aum) levels and went shopping for the best hedge fund talent they could possibly fine. "I wanted to be able to look our clients in the eye and say this is exceptional," said Peter Harrison currently the Chief Executive Officer of MPC Investors. After hiring them he has also said, "you have to give your portfolio managers the best chance to outperform. That gets lost in many firms where they are trying to do a bit of management but also spending their time on strategy,...

Can You Learn to Trade Like a Hedge Fund Manager? (Part I)

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There is a difference between a professional trader and an amateur trader. A professional trader never goes into a trade blindly whereas an amateur always trades based on his/her emotions. If you want to become a professional, than learn from hedge fund managers. You see hedge fund managers have to show good results to their investors for getting investments into their funds. Hedge fund managers have to convince their clients with a battle tested strategy. As individual traders, our $20,000 trading account is as important as any $20 million hedge fund. Our $20,000 account is more important. We are using our own hard earned money on trading. A hedge fund manager is most probably trading with other people's money. Most of the hedge fund managers follow a step by step process to develop their forex trading strategies. There is no reason why should we as individual traders also not follow that step by step process to develop our own trading strategies. We can't afford to lo...

2 Bear Stearns Hedge Fund Managers Arrested For Ripping Off Investors

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how to become hedge fund manager , you would have seen a lot of "star analysts" from investment banks pushing dotcom stocks they underwrote that eventually became penny stocks. Investment banking is a cut throat business, after all. If everything goes right and investors make money, no one is interested to know how the funds actually operate, or how good an investment bank's internal control is. The same can't be said when the market turns sour. When trillions of dollars vanished in the Asian financial crisis in 1997 and the dotcom bust in 1999, regulatory authorities, angry investors, financial reporters, bitter unemployed professionals and academics all came out to witch hunt and point fingers, several high profile investment bankers and traders were arrested for fraud or inside trading. After a year or two of low market activity, investors and bankers move on to the next big hype, completely forgetting the lessons learned. It would come as little surprise...