Friday, 26 December 2014
Last updated 2 days ago
Jun 30 2011 | 11:42am ET
Adding insult to injury, on the same day that President Barack Obama forcefully pushed for higher taxes on hedge fund managers, his friends in Hollywood have heaped their own indignity onto the alternative investments industry.
According to Deadline New York, Warner Bros. has acquired a pitch that will feature Will Ferrell as a narcissistic hedge fund manager, the latest movie to focus on the industry. In this case, Ferrell's hedge fund honcho thinks he has seen God.
The script for Swear to God will be written by Alan Cohen and Alan Freedland, who wrote the comedy Due Date and the television cartoons "King of the Hill" and "American Dad." Adam McKay, who frequently collaborates with Ferrell, is rumored to be the director.
Ferrell may have been doing some research for the role earlier this month, attending a dinner at Art Basel that featured none other than SAC Capital Advisors' Steven Cohen.
Whether the unrealistic premise—few if any hedge fund managers claim to have seen God, although more than a few might think they are God—will survive the possible Ferrell-Cohen tete-a-tete remains to be seen.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.