Wednesday, 26 November 2014
Last updated 2 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...