Hedge Fund

I just got off the phone with Ken Akoundi, a civil engineer turned risk manager who just left fund-of-funds group Optima Fund Management after running its risk-management operations. He agrees with me that some kind of risk auditing function or ...

In response to counterparty risk concerns, mini-prime brokers are offering smaller hedge funds the hosted technology to manage multiple prime relationships. Following last year's market turmoil, which made it abundantly clear that even the largest ...