Wednesday, 1 October 2014
Last updated 1 hour ago
Jan 5 2012 | 11:56am ET
Money manager RS Investments has hired a top Renaissance Technologies executive to serve as its new CEO.
Matthew Scanlan had served as president and CEO of RenTech subsidiary Renaissance Institutional Management, the $18 billion hedge fund's institutional investment business. He'll now lead San Francisco-based RS, which is owned by Guardian Life Insurance and manages more than $20 billion.
Scanlan succeeds the retiring Terry Otton.
"RS is well-positioned today as a result of the firm's well-established culture of investment excellence and its unwavering commitment to serving clients," Scanlan said. "I intend to maintain this focus which guiding RS toward continued responsible growth."
Prior to joining RenTech, Scanlan led Barclays Global Investors' institutional business and was a senior portfolio manager at Northern Trust.
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…
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