Thursday, 24 July 2014
Last updated 50 min ago
May 12 2011 | 12:30pm ET
State Street Global Advisors has won the first-ever hedge fund mandate awarded by the Kansas City police pension plan.
The $775 million Kansas City Police Employees' Retirement System picked SSgA's SSARIS fund of hedge fund strategies, HFMWeek reports. The pension has been seeking a fund of funds since November, with consultancy DeMarche assisting.
SSARIS won out over Evanston Capital Management and Mesirow Financial, which also offered presentations to the KCPERS board.
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…