Tuesday, 30 September 2014
Last updated 10 min ago
Sep 2 2010 | 10:50am ET
The financial crisis has taken its toll on Vanity Fair’s annual “New Establishment” rankings. And the list of the 100 most influential people is especially light on alternative investment honchos.
Just two made the cut: McAndrews & Forbes’ Ronard Perelman at 24th, and Appaloosa Management’s David Tepper at 76th. Both suffered the indignity of being ranked behind pop star Lady Gaga (23rd), but the again, so did JPMorgan Chase CEO Jamie Dimon.
Goldman Sachs CEO Lloyd Blankfein took the most precipitous drop. Ranked first last year, he has been replaced at the top by Facebook founder Mark Zuckerberg. But didn’t just fall to second place. He fell right out of the top 10, 20, 50 and almost off the list entirely: He ranked dead last, in 100th place.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...