AR Magazine's hedge fund industry columns and
editorials are among the best in the financial press, according
to the American Society of Business Publication Editors.
AR editor Michelle Celarier was awarded a national gold
distinction, the highest honor, for her opinion pieces.
One of two winning editorials, in October 2010, defended
AR's right to protect anonymous sources in
the face of a legal action from Paul Singer and Elliott
ultimately prevailed). The
second, from November 2010, questioned hedge fund managers'
new support for Republican politicians. AR
competed against publications with revenues of more than $2
Portfolio Watch columnist Pete Gallo was also honored.
Gallo won gold in the Azbee Northeast regional competition for
two columns: "
Kingdon pockets profits on Coinstar's digital theme" and
Harbinger Reaches for the SkyTerra' in $262.5M deal."
Selected by a panel of business press judges, the annual Azbees
are organized by ASBPE, the
"professional association for full-time and freelance editors
and writers employed in the business, trade, and specialty
press." Other 2011 winners included Bloomberg
Businessweek, The American Lawyer and
AR also won Azbees last year for its
weekly email newsletter and editorial and design excellence
for a new magazine,
among other honors.