Monday, 28 July 2014
Last updated 5 hours ago
Jun 1 2007 | 11:24am ET
The San Bernardino County (Calif.) Employees Retirement Association plans a foray into commodities later this year. The $6 billion pension fund has decided to put 2% of its assets in commodities, according to investment officer James Perry, after a comprehensive review of its allocations.
Perry said the fund expects to issue a request for proposals in July or August, and that it will likely hire a manager or managers by the third quarter. The exact strategies it seeks are “not really well defined yet,” he said. “It will probably be pretty open.”
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…