Wednesday, 1 October 2014
Last updated 16 min ago
May 9 2011 | 12:27pm ET
Wadhwani Asset Management namesake and founder Sushil Wadhwani is racking up new titles at an impressive rate.
Less than two weeks after becoming a partner at Caxton Associates, which took a minority stake in Wadhwani AM, Wadhwani was named to the board of trustees of the Trafalgar House Pensions Trust.
The £1.3 billion pension looks after the retirement money of employees of Trafalgar House, a former British construction and shipbuilding conglomerate that was swallowed by Norwegian rival Kvaerner in 1996.
Wadhwani succeeds Ros Altmann on the board; he told Financial News, "I have a great deal of respect for the other trustees there and have indeed known Ross Altmann for a long time."
Wadhwani, a former member of the Bank of England's monetary policy committee, last month agreed to manage a "meaningful" amount of Caxton's US$7 billion flagship, in addition to the US$1 billion he runs for his own firm.
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...