Tuesday, 1 December 2015
Last updated 15 hours ago
Mar 14 2012 | 12:17pm ET
Vinik Asset Management has hired a top mutual fund manager from Nuveen Investments.
David Iben will join Boston-based Vinik in June, Nuveen said. At Nuveen, Iben headed its Tradewinds affiliate, managing a pair of stock funds with more than $5 billion in assets under management.
Iben's funds have returned 8.1% and 6.9% annualized over the last five years.
At Tradewinds, Iben will be succeeded by co-chief investment officers Emily Alejos and Andrew Thelen.
Like Iben, Vinik founder Jeffrey Vinik got his start in mutual funds, leading Fidelity Investments' largest fund for four years before starting the hedge fund in 1996.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…