Monday, 20 October 2014
Last updated 8 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.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...