Wednesday, 23 July 2014
Last updated 1 hour ago
Jun 30 2011 | 12:40pm ET
Canada’s Wilfrid Laurier University has made its first hedge fund investments in line with its new 15% allocation to alternative strategies, reports HFMWeek.
The university, which has $372.3 million in its endowment and pension funds (the WLU Pension Plan, the WLU Endowment Fund and the WLU Balsillie Fund), has hired the Canadian hedge fund Polar Securities as part of a new alternative strategies portfolio.
WLU, which had previously allocated 60% of its investment portfolio to equities and 40% to bonds, reduced these asset classes to 53% and 32%, respectively, this year to make room for alternatives.
Each WLU fund has invested in two Polar Securities vehicles: the multi-strategy North Pole Capital Investments fund and the Altairis long/short equity fund.
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…