Friday, 1 August 2014
Last updated 16 hours ago
Feb 10 2006 | 10:28pm ET
The $40 billion Massachusetts Pension Reserves Investment Management Board will likely issue an RFP in April for portable alpha managers as a result of a new asset allocation. Mike Travaglini, executive director, said the board has approved a maiden investment into portable alpha of up to $2 billion. Funding for the portable alpha allocation will come from a portfolio rebalancing.
Separately, the board has issued an RFP for a hedge fund consultant. The contract of incumbent New England Pension Consultants expires in April, though the firm was asked to rebid.
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…