Thursday, 18 December 2014
Last updated 14 hours ago
Jan 13 2011 | 1:03pm ET
Blenheim Capital Management has beaten off Brevan Howard Capital Management in its bid to manage a piece of two University of Maine System funds.
The university chose Blenheim’s Global Markets Fund to manage money for both its $107 million endowment fund and $46 million pension plan, HFMWeek reports. The school’s investment committee was also weighing Brevan Howard’s Commodities Strategies Master Fund to fill a “trading” hedge fund mandate it issued in August.
The university system currently allocates 10% to hedge funds and 5% to market-neutral strategies. Its operating cash pool, which has $236 million in assets, currently has $5 million invested with a Permal Group fund of hedge funds.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.