Wednesday, 22 October 2014
Last updated 15 hours ago
Apr 23 2010 | 11:29am ET
A British public pension fund is set to fulfill its 5% allocation to hedge funds, but new managers need not apply.
The West Yorkshire Pension Fund is poised to add £121 million to its fund of hedge funds portfolio. But the £12.1 billion plan is likely to hand the new money over to the six managers already in its stable, HFMWeek reports.
West Yorkshire currently employs Arden Asset Management, Aurum Funds, Green Way Arbitrage, Mesirow Advanced Strategies, Quellos Capital Management and Signet Capital Management to handle its now 4% allocation to the space.
The pension is also mulling a similar increase in its private equity allocation.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...