Thu, Oct 1, 2020
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 hadn�t 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. Investing: Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says, Pandora tops world's best-performing market as hedge funds exit, What Bill Ackman is investing in now[more]

    Tech stocks aren't in a bubble, but investors should be pickier, Credit Suisse says From Business Insider: Credit Suisse on Thursday trimmed its overweight rating for tech stocks, recommending investors be more selective with their sector picks. Crowding in tech giants and the stocks&#

  2. Investing: Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan, Here's what investors with $3.4tn are buying during covid, An energy trader seeks profit from batteries in European markets, Hedge fund ARCM to sell $200m of Premier Oil debt[more]

    Third Point buys stakes in Facebook, Alibaba in Q2, exits Sony, Allergan Third Point LLC acquired new stakes in Facebook Inc. and Chinese e-commerce companies Alibaba Group Holding Ltd. and JD.com Inc. during the second quarter of 2020 as it divested positions in Sony Corp. and drugmaker

  3. PE/VC: Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise, Aberdeen's Bonaccord teams up with CAZ to buy stakes in private markets managers, The role of private equity in economic recovery from Covid-19[more]

    Investors have bet big that you can get private equity returns in the public markets. A new study says otherwise From Institutional Investor: New research suggests private-equity-owned firms respond differently to financial distress - and that the resulting performance "cannot be replicat

  4. Opalesque TV: Meet a Swiss fund manager who hedges with a difference[more]

    B. G., Opalesque Geneva: There is a quant manager in Zurich that does things a little differently, which has helped a lot so far this year. ICON Asset Management, which was mentioned in the

  5. Franklin Templeton creates new unit with QS Investors[more]

    Laxman Pai, Opalesque Asia: Franklin Templeton will combine recently acquired QS Investors, a Legg Mason subsidiary, with Franklin Templeton Multiasset Solutions (FTMAS) business into a single consolidated unit. Effective Oct. 1, the combined business, called Franklin Templeton Investment Sol