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Discount Rate—Explanation, Definition and Examples

Valutico

For central banks like the Federal Reserve, it helps control the economy. They set this rate to affect how much money moves through banks and influences short-term interest rates. We are going to focus on how discount rates are used in the context of investment, rather than in the context of central banks.

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Convertible Arbitrage Hedge Funds: The Perfect Combination of Investment Banking and Sales & Trading?

Brian DeChesare

Traditionally, if someone asked the “ sales & trading vs. investment banking ” question, the response was easy: “Do banking unless you really, really like trading and could not imagine doing anything else.”. Investment Banking: 13%. It’s common to see gross exposure over 100% (e.g., Mixed IB / S&T Background: 6%.

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Distressed Debt Hedge Funds: How to Become a Vulture Capitalist

Brian DeChesare

Distressed Debt Hedge Funds Definition: Distressed debt hedge funds buy and sell debt that is trading at a steep discount to face value, such as 40%+, and make money by betting on changes in the price of this debt or using it to gain influence in a restructuring or bankruptcy process. A few of these funds specialize in distressed (e.g.,

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Multi-Manager Hedge Funds: A Meritocratic Paradise or a Revolving Door of Burnout?

Brian DeChesare

Beta-Neutral Portfolios: For example, if the S&P 500 goes up or down by 5%, your team’s portfolio should move by ~0%. So, while a traditional IB background at a top bank helps, you don’t necessarily need it if you start early or get relevant experience elsewhere.

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GoLogiq to Acquire Nest Egg for $30 Million, Adding Wealth-Building Platform for Gen Zs and Millennials

Benzinga

Nest Egg is backed by Tier 1 partnerships that include banking and payment services. The Nest Egg app is presently in beta release and is anticipated to officially launch later this month. A leading financial technology provider, Nest Egg has a clearing and custody arrangement with Velox Clearing LLC. For the launch, Nest Egg plans to.

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Long-Only Hedge Funds: A Cozy Career, or a Complete Contradiction?

Brian DeChesare

I’ll answer both questions here, but I want to start with a few definitions: What is a Long-Only Hedge Fund? But this is extremely difficult because very few sizable companies have negative Betas – and when they do, it’s usually due to an anomaly or special situation.

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Event-Driven Hedge Funds: The Best Home for Bankers Turned Investors?

Brian DeChesare

But, as usual, I want to start with the definitions and fund types: What is an “Event-Driven Hedge Fund”? If you do not start working at a hedge fund out of undergrad, you are best off working in investment banking if you want to join an event-driven fund. But lock-up periods are longer than most long/short equity funds.

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