Tuesday, 21 October 2014
Last updated 3 hours ago
Apr 28 2006 | 3:15pm ET
It looks that a Senate bill that would allow Florida's public safety pension plans to invest in alternatives will not be passed, according to Kent Olson, executive director of the Orlando Pension Funds.
Olson told sister publication FINdaily on April 21 that the bill, lead by John Keane, executive director of the Jacksonville Police & Fire Pension Plan, "seems unlikely based on the report I got this morning."
Keane, reached for comment, said "we have experienced some difficulties but we are continuing to press on with it." He added that he is "highly optimistic" that the bill will be approved. The legislative session is expected to conclude at the end of this month.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...