Jun 26 2008 | 6:14am ET
Big changes are coming to the hedge fund industry, according to one former honcho, and managers now have to be able to deliver a complete package that cuts across performance, advice, relationships and brand for their investors.
FrontPoint Partners founder Philip Duff told an industry conference in New York that institutions have replaced individuals as principal investors in hedge funds, and the new bosses are demanding scalability, non-correlation and “reputational exposure” from their managers.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…