Tuesday, 22 July 2014
Last updated 36 min ago
Apr 25 2007 | 11:11am ET
The $39.7 billion Teachers’ Retirement System of the State of Illinois is looking for more active management of its domestic equity investments and plans to do so in part by increasing its exposure to 130/30 strategies.
Under recommendations by the TRS board of trustees, the system plans to allocate 10% of its domestic equity portfolio to a 130/30 large-cap core strategy within the next two years.
Search criteria for a 130/30 manager will be posted on the TRS web site by May 31, according to spokeswoman Eva Goltermann.
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…