Wednesday, 23 July 2014
Last updated 12 hours ago
Dec 23 2009 | 9:08am ET
A Welsh public pension fund has picked State Street Global Advisors to fill a £20 million absolute return fund of hedge funds mandate.
Clwyd Pension Fund’s money will be invested in SSgA’s SSARIS multi-manager strategy, which targets returns of 3% to 6% over U.S. Treasuries. The selection of SSgA was made by the Flintshire County Council.
“We are confident that SSARIS will meet our investment objectives,” Philip Latham, manager of the pension fund, said.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…