Sat, Jul 30, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Niederhoffer initiate and UK finance professor launches hedge fund

Wednesday, July 11, 2012

amb
Victor Niederhoffer
By Beverly Chandler, Opalesque London:

A rounded 15 year career, starting in private banking, moving on to work with one of the original hedge fund managers, Victor Niederhoffer, and then on through the ups and downs of life in the City of London within banks and hedge fund firms through the financial crisis, has prepared Patrick Boyle for his next role, managing Palomar Fund Management.

Boyle is to launch Palomar in September of this year, with $50m under management, partly seeded by distinguished names from the hedge fund industry, an institution, a family office and from his own capital.

He started as a 21 year old in the private banking sector, observing and studying money management and realising that his biggest problem in getting on was a total lack of experience. With the arrival of all market data in the public domain at the end of the 1990s, Boyle started to study. "I thought it might be a smart approach if I analysed as much data as possible so I could speak knowledgeably about stocks; even if I hadnt lived through the various periods, I could at least be a history student of the market."

The studies became more statistical in their nature and he enjoyed a couple of early successes, applying his theories to investment. "I realised over time that certain rules work better than others" he says. "I initially approached the markets like a man from Mars and in a way that is why I developed my own approach."

He read of Niederhoffer, admired his ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe