Friday, 26 December 2014
Last updated 1 day ago
Apr 28 2006 | 3:00pm ET
The $4.4 billion Sacramento County (Calif.) Employees Retirement System may invest in portable alpha and enhanced equity strategies. Richard Stensrud, ceo, said the board will undergo an education on the strategies, probably over the next month or two. The fund currently has 5% allocated to hedge fund via a fund-of-funds. "Portable alpha is potentially in the mix," Stensrud said.
Regarding the enhanced strategies, Stensrud said the fund has a rather large passive portfolio and the education will help determine what type of variations will fit in with the portfolio. Jeff States, cio, told FINalternatives in January that the board will look at the strategies as early as the second quarter as a way to improve overall returns.
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.