Institutional Investor Magazine’s 40th Anniversary Celebration

Institutional Investor's 40th Anniversary

Institutional Investor's 40th Anniversary

“The management of money is one of the oldest of the arts and one of the newest of the professions. As a profession, it is changing continuously, so much so that it bears little resemblance to the same field only a generation ago. Perhaps, at one time, it was easy-going and social; today it is fiercely competitive and intellectually challenging.”

With these words Gilbert Kaplan launched Institutional Investor 40 years ago. Much has changed since then, and much of that change, in this magazine and in the financial markets that we cover, was anticipated by the precocious Kaplan. He was just 25 when he thought up the idea for Institutional Investor; he turned 26 in time for its inaugural issue in March 1967. Kaplan got the idea for the magazine while working as an economist at the American Stock Exchange, analyzing scenarios for the future of financial markets.

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