Tuesday, 16 September 2014
Last updated 5 hours ago
Aug 12 2011 | 9:57am ET
West Virginia's state pension fund manager has handed $45 million to Marshall Wace Asset Management, one of the $12.9 billion system's largest hedge fund investments.
The West Virginia Investment Management Board negotiated monthly liquidity terms with 15 days notice, HFMWeek reports. Marshall Wace is the 22nd hedge fund in its portfolio; in total, the board has over $1 billion invested in those managers.
Three of those hedge funds, including the recently-hired Carlson Capital, manage $60 million each for West Virginia.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?