Saturday, 25 October 2014
Last updated 1 day ago
Nov 15 2010 | 4:15am ET
The U.K. universities pension fund has increased—and plans to continue to increase—its investments with algorithmic-trading hedge funds.
The Universities Superannuation Scheme has poured more assets into short-term commodity trading advisers, Reuters reports, and plans to increase its investments in the space even further. Luke Dixon, an absolute return portfolio manager at the £30 billion pension, said the new investments “should help us in highly volatile markets.”
USS began investing in hedge funds last year and has invested £950 million with 15 managers. The pension plans to more than triple that figure over the next five years, adding £2 billion.
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…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.