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...But I think when you look at the way that some of the smartest people are acting, they’re acting strangely....
...That’s basically the sentiment in finance, where big banks, brokers, hedge funds and asset managers try to control where former employees go after they quit....
...Here’s what fund managers are saying about the asset class....
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...How should one handle warfare between larger units who now had a monopoly over the use of force?...
...“This is something you would expect in Cuba, not in a democratic country,” said Juan Pappier, acting deputy director for the Americas at Human Rights Watch....
...Altice — was in charge of procurement for its US unit....
...And, frankly, they would be many times more effective than managers in making the work better. Foroohar: I have to stop you because this is a core point....
...The early years of acting while juggling a young family were precarious....
...Wöhrmann has since become chief executive of asset manager DWS....
...“It tells you something when you are the one coming to the bank’s manager’s office, not him coming to you,” the person says....
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...Meanwhile, Kanter’s DoJ said that the number of board resignations triggered by its unit rose to 15....
...Acting as a fiduciary, the [board] took the independent decision, [which] did not prevent other investors from investing in the deal.”...
...That is what managers are deciding and communicating at the moment.” Managers can reduce the amount of hedging exposure offered by each unit in an LDI fund....
...Solomon isn’t acting alone, though....
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...The proposed rule would force managers to run daily tests to ensure compliance and impose significant operational hurdles, the JPMorgan unit wrote....
...Your LDI manager can redeem units in one to inject new cash and create new units in the other (though some schemes might want to authorise these purchases and sales with wet ink signatures, which slows things...
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...Permanent replacements have yet to be appointed with Richard Best and Joy Thompson currently serving as acting director and acting deputy director respectively....
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