Saturday, 23 August 2014
Last updated 1 day ago
Aug 31 2011 | 1:17pm ET
A pair of hedge funds have won a combined US$210 million in mandates from Mercer's Asia-Pacific unit.
Arrowstreet Capital Partners will manage US$150 million for Mercer's Overseas Shares Small Companies Portfolio, some 40% of that basket. The quantitative shop and Fidelity Investments are the only two managers in the Small Companies portfolio.
In addition, fellow quant shop AQR Capital Management was awarded a US$60 million mandate for Mercer's alternative assets portfolio. AQR has been charged with investing in liquid, transparent alternative strategies.
"What we're looking for is low long-term average correlation to traditional markets," Stephen Roberts of Mercer Investment Management, told the Financial Standard.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note