Wednesday, 1 October 2014
Last updated 12 hours ago
Apr 5 2011 | 8:51am ET
With a trio of New York City pension funds making their first forays into hedge funds, the city’s comptroller has hired a person to oversee them.
Neil Messing has been named senior investment officer for hedge funds at the Big Apple’s five public pension funds, a new post. He will manage the hedge fund portfolio, reporting to equities chief Seema Hingorani.
Messing joins from Unigestion’s U.S. division, based in Jersey City, N.J.
Over the past month, the New York City Police Pension Fund, New York City Employees Retirement System and New York City Fire Department Pension Fund have invested a combined $450 million with fund of hedge funds Permal Group, a first for all of them.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...