Markets

Izzy Englander: Some Of My Employees Aren’t Comfortable Working With People

[credit provider=”You Tube”] Izzy Englander, the founder of Millenium Management, was overheard talking about “quants,” computer program-minded traders and engineers, recently.According to the Wall Street Journal, Englander said that because more than 25% of his firm’s activity is quantitative arbitrage, many of his pros aren’t comfortable working with colleagues.
Izzy Englander: Some Of My Employees Aren’t Comfortable Working With People
Markets

Izzy Englander Skewers The “Arbitrary” Hedge Fund 2% Management Fee

[credit provider=”You Tube”] It’s not surprising that Izzy Englander, Millenium Management’s founding hedge fund manager, would dislike the 2% management fee because he doesn’t charge it, so he looks down on funds that do.But it’s unusual that he spoke out against the fees so passionately this morning at the Terrappin […]
Izzy Englander Skewers The “Arbitrary” Hedge Fund 2% Management Fee
News

Hedge Funds Managers: Just Like Us!

A number of hedge funds have, unsurprisingly, been hit by the recent financial meltdown. So, it makes sense that many are taking their money out of the markets and putting it into cash.
Hedge Funds Managers: Just Like Us!