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Mary Erdoes is one of the most under-the-radar, powerful people on Wall Street. Erdoes, the CEO of JPMorgan Asset Management, manages the biggest hedge fund in the world, already grew the bank’s client base by a record 15% a year, and she's only 42. She's also Jamie Dimon's dad's boss. When Dimon hired Ted, his father, last fall in November 2009, he put him in the private client services division, under Erdoes.
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JP Morgan CEO Jamie Dimon and the bank's head of asset management, Mary Erdoes, had a chat with C NBC at Davos. As has been the case over the past month, Dimon is increasingly positive about the Obama adminstration, saying about bus... Read Post

Mary Erdoes has a good point about the World Economic Forum at Davos's rule about upping the number of females in attendance. Erdoes, Jamie Dimon's superstar head of JPMorgan's Asset Management team, is at Davos with the CEO and bot... Read Post

Jamie Dimon announced today that JPMorgan will be keeping Highbridge Capital, the bank's hedge fund. The bank plans to deal with the new Volcker Rule by moving its best prop traders to the asset management division, says Dimon. Read... Read Post