Saturday, 1 August 2015
Last updated 17 hours ago
Dec 9 2011 | 11:02am ET
London's public transportation employees may entrust a bigger chunk of their future to hedge funds.
The US$9.4 billion Transport for London pension fund may add US$545 million to hedge funds over the next three-to-five months, HFMWeek reports. TfL plans searches for single manager funds, assisted by consultancy Towers Watson.
TfL has a 10% allocation to hedge funds, and currently invests with BlueCrest Capital Management, Bridgewater Associates and Davidson Kempner Capital Management.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…