Thursday, 2 October 2014
Last updated 13 hours ago
Jul 7 2010 | 10:24am ET
A major Swedish public pension fund is looking for firms to manage up to US$1.5 billion in hedge fund portfolios.
Första AP-Fonden said in an official tender notice that it hoped to hire between one and three “strategic partners” to put in place its increased alternative investments allocation. The pension plans to put between US$1.1 billion and US$1.5 billion into the new hedge fund portfolios.
While AP1 said it would consider applicants “covering the full investible universe or a subset of the market” and that it had no “firm preference” in terms of legal structure, it did specify that interested parties should have a history of “proven and consistent” returns, Investments and Pensions Europe reports.
AP1 set an Aug. 29 deadline for applications.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...