Wednesday, 26 November 2014
Last updated 12 hours 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...