Stephen Foley is U.S. investment correspondent for the Financial Times, covering the asset management industry, hedge funds and institutional and retail investment issues. He is based in New York.

Previously, Foley was a markets correspondent for the FT, covering bond and credit derivatives, market developments, regulatory reform and their impact on the wider economy.

Prior to joining the FT, Foley was the Associate Business Editor of The Independent, where he covered the credit crisis and U.S. business issues in New York. Prior to this, he covered the UK stock market and the pharmaceuticals industry for The Independent in London.

In March 2009, he was named Business and Finance Journalist of the Year at the British Press Awards.

Foley holds a degree from Cambridge University, as well as a diploma in Newspaper Journalism from City University in London.

Foreign Policy, Political Pundits & Commentators, Journalism, Political