Word: hmc
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Rothenberg also said that Meyer will be contracted as a paid advisor to HMC...
...bond term that describes the convex relationship between price and yield for bonds. Meyer’s fund is expected to focus on bonds as two of the top managers that Meyer took with him—David Mittelman and Maurice Samuels—were renowned bond traders at HMC. Mittelman and Samuels were also the two highest paid managers at HMC in the past two fiscal years...
Edward DeNoble, former HMC vice president for emerging markets, and Michael Pradko, former HMC chief risk officer, have also departed HMC to manage Convexity...
...trading floor at the Harvard Management Company (HMC) will be marked by a number of empty desks this morning...
...vacancies at the Boston offices where Harvard manages its endowment will reflect the Friday departures of CEO Jack R. Meyer, four top money managers, and other members of their staff. It is a watershed moment for HMC, one that has introduced a new air of uncertainty over the future stewardship of Harvard’s endowment...