Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.
Tuesday, 6 December 2016
Last updated 8 hours 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.