Lifetime achievement award: Andrew Feldstein

Derivatives pioneer and founder of BlueMountain has played a big role in two decades of credit market change; now he occupies one of the seats of power in the market's new order

Andrew Feldstein

Anyone setting out to tell the story of traded credit markets over the past two decades would have to speak to Andrew Feldstein. In fact, they would have to speak to him a lot.

During a decade spent at JP Morgan, Feldstein was part of the small team of superstars-in-waiting that invented and executed the first credit derivatives trades, and he went on to lead the bank's credit portfolio management function – where traditional lending first clashed with new, derivatives-implied measures of risk

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