No shirt or shoes required for service?

The paper of record had a “fascinating” story this week about a new corporate policy at JP Morgan Chase. No longer are bankers required to wear suits and ties to work. The uniform, if you will, has gone casual, The New York Times reports, in an effort to compete with “more trendy” employers like start-up […]

It is all about the alpha

The hedge fund industry is in a death spiral — if you believe what you read in the popular press. Managers are under attack because performance is poor and investors are demanding more from these so-called experts in asset management. Every day there is another story about a pension plan, endowment fund or other investor […]