Thursday, 21 August 2014
Last updated 2 hours ago
Mar 11 2011 | 11:35am ET
The Texas Tech University System has added a pair of hedge funds to its absolute return portfolio.
The school's board of regents approved the hiring of Argonaut Capital Management and Discovery Capital Management in December. The two fund join such firms as Davidson Kempner Capital Management, King Street Capital, Silver Point Capital, Taconic Capital Advisors and Wexford Capital on the $775 million endowment's hedge fund roster.
Argonaut specializes in global macro investing. Discovery focuses on emerging markets, investing in stocks, bonds and currencies.
Texas Tech currently invests 22% of its assets in absolute return vehicles, below its target allocation of 25%.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note