Friday, 19 December 2014
Last updated 14 hours ago
Apr 6 2010 | 9:31am ET
The Man Group has won a US$1 billion fund of hedge funds mandate from Britain’s Universities Superannuation Scheme.
The pension fund, one of the U.K.’s largest, last year announced plans to boost its alternative investments portfolio and begin investing directly in hedge funds. The Man investment is the largest allocation made as part of that plan, which will be put into place over the next two years, Financial News reports.
The money from the £27 billion USS, which has previously invested only in hedge fund replication strategies, will be invested with Man Investments.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.