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Caxton’s Law

Following the recent retirement of its legendary founder, Bruce Kovner, Caxton Associates is embarking on a new era under Andrew Law, his handpicked successor.

By Stephen Taub      Lights, camera, action! The trading floor at Caxton’s New York headquarters(Photographs by Chris Crisman)Last spring, Caxton Associates CIO Andrew Law was frustrated. Although the outlook for growth seemed okay, several exogenous shocks had hit the global economy: the rash of tornadoes in the U.S., the devastating earthquake

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