New York Times – Morgan Stanley’ssenior investment strategist, Byron R. Wien, will leave the investment bank to join the hedge fund Pequot Capital as chief investment strategist, Pequot said yesterday.
Mr. Wien, whose annual list of “10 surprises” – economic predictions for the new year – was a fixture in the investment world, is the latest prominent Wall Street executive to join a hedge fund at a time when the $1 trillion industry is pulling in billions in new investment money from pension funds, endowments and charities.
