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An Historical Memory

Traders Magazine, October 1999

Gregory Bresiger

Paul Hennessey, a retiring veteran buyside trader and executive, has seen it all and survived it all in the last forty years. And lots of things have changed in that period.

He has seen money management go from a business exclusively for the well-heeled to one that serves a mass constituency; one in which the average investor can wield institutional influence through the power of defined contribution plans and other giant retirement plans with billions of dollars in assets.

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