Friday, 26 December 2014
Last updated 2 days ago
Nov 18 2011 | 2:27am ET
A county in suburban Baltimore's pension fund has invested $10 million with a Philadelphia fund of hedge funds.
The $1.3 billion Anne Arundel County Retirement and Pension System awarded the mandate to Attalus Capital. Attalus manages some $2.4 billion, exclusively for institutional investors.
Anne Arundel has also rejiggered its asset allocations, doing away with a specific absolute return and hedge funds portfolio. Instead, the pension will spread its hedge fund investments across its risk parity with alpha overlay, global tactical asset allocation and large-cap portable alpha categories, HFMWeek reports. Most the of the former 7% absolute return allocation will be moved into the risk parity portfolio.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.