The TRADE

JUNE 28, 2023

Among the key products to now be available to traders and portfolio managers in a modular format is the EMS’ predictive fair value (FV) model. Having in pre-trade a clear fair value of the bond can authorise more duration in the execution of the bond to provide additional alpha for the portfolio manager.”

Portfolio Management

Peak Frameworks

AUGUST 15, 2023

Therefore, the process of portfolio management involves balancing these two factors based on an investor's financial goals and risk tolerance. A classic example is investing in an S&P 500 index fund. The Concept of Risk and Return Risk and return are two fundamental elements of investing.

Portfolio

Mergers and Inquisitions

JANUARY 31, 2024

They might have separate teams for specific strategies or markets, but everything is run under a single Profit & Loss statement (P&L). This setup creates many differences with multi-manager (MM) hedge funds , from investment styles to recruiting and careers. 10 – 15 positions rather than 100+).

Funds

Mergers and Inquisitions

DECEMBER 6, 2023

The multi-manager hedge fund model is simple: Raise $10-20 billion, borrow at the fund level to take this to $50-$100 billion, and then allocate this capital to dozens of internal teams. Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%.

Funds

The TRADE

MAY 1, 2024

It’s about risk management philosophy and methodology,” explains Papanichola. During that period of my training, I was actively taking positions, taking risk, fundamentally managing a portfolio of sorts in macro products.” I could literally trade any product if I wanted to.

Trading

The TRADE

OCTOBER 9, 2024

Markets are constantly challenging and that’s the key aspect to our role.” If a portfolio manager wants to execute a trade days after such an event, they need to understand that liquidity may be reduced, and they must be confident in their strategy if they’re willing to pay more in the bid-offer spread.”

Trading

Mergers and Inquisitions

MAY 24, 2023

If you’re working at a special situations fund, you could trade this deal in many ways: Long Jacobs and Short CMS – You believe the company is correct about the deal’s benefits, but you think CMS is overvalued at 11.5x All the large multi-manager funds , such as Millennium, also use event-driven strategies to some extent.

Funds

The TRADE

OCTOBER 24, 2024

These systems touch upon all elements of the trading lifecycle throughout the front-to-middle-to-back-office including execution, order, risk and portfolio management. The first ETF to launch in the US was the SPDR S&P 500 ETF (SPY) in 1993. In 2003, the index was updated as part of a partnership with Goldman Sachs.

Trading

CNBC: Investing

JULY 14, 2025

These stocks are Wall Street's favorites Published Mon, Jul 14 2025 3:05 PM EDT Updated 3 Hours Ago Michelle Fox @MFoxCNBC WATCH LIVE While dividend growth continued to slow in the second quarter, there is some encouraging news on what may lie ahead. billion in the second quarter of 2025, according to S & P Dow Jones Indices.

Stock

The TRADE

APRIL 30, 2025

I ran to the bookstore within the first week of working on the exchange and I bought books on the market like Inside the Fed and ‘a Barron’s guide to financial definitions’, and I just ate it all up, she explains. S&P used to publish this tiny thing called a tear guide, and the paper was super thin, like airmail paper.

Trading