Tuesday, 30 September 2014
Last updated 3 hours ago
Sep 9 2010 | 1:58pm ET
A former British trade minister has been named chairman of hedge fund PineBridge Investments.
Mervyn Davies took the non-executive post last month at the New York-based firm, which has about $78 billion in assets under management. Davies, who will be based in London, was trade minister from January 2009 through May, when the ruling Labour Party was ousted from office.
Before joining the government, Davis was CEO of Standard Chartered Bank.
PineBridge is the former asset management arm of insurance giant American International Group. The firm was bought in March by businessman Richard Li.
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...