Newsmakers
Northern Trust Seeks Head of OCIO Business
The new position will oversee the unit’s $112 billion in assets under management.
Karen Karniol-Tambour was formerly head of research at the hedge fund; Carsten Stendevad was previously chief executive at ATP.
The world’s largest hedge fund took a long tilt in its positions leading up to the market dive, underestimating the coronavirus threat.
Bridgewater founder writes obscure post about the perils of gossip.
Bridgewater’s observations on state finances and their respective muni bond markets to be revealed shortly.