Saturday, 20 September 2014
Last updated 1 day ago
Jul 1 2011 | 1:02am ET
A Texas public pension fund has increased—and reshuffled—its hedge fund portfolio.
The Fort Worth Employees’ Retirement Fund last month voted to add $5 million to its allocation to Winton Capital Management. Its board also approved moving its investment with D.E. Shaw Group from that firm’s Composite Fund to its Oculus Fund, HFMWeek reports.
The $1.7 billion fund is also getting ready to launch searches for an event-driven manager.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.