Monday, 22 December 2014
Last updated 1 hour ago
Jun 21 2010 | 12:17pm ET
While one noted New Haven, Conn.-based investor has made a killing on hedge funds, the city’s own public pension fund has shied away from them—until now.
Dipping its toe into a pool that the Yale University endowment has long done laps in, the New Haven City Employees’ Retirement Fund has made its first investment in a hedge fund-like strategy. Emphasis here on the “like”: New Haven has picked a hedge-fund replication strategy run by IndexIQ, and has invested its $8 million through a managed account, HedgeWeek reports.
The IndexIQ Hedge Multi-Strategy SMA uses exchange-traded funds to replicate the performance of its Multi-Strategy SMA Index.
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.