Friday, 28 November 2014
Last updated 12 hours ago
Jun 29 2007 | 11:19am ET
The $20 billion Iowa Public Employees Retirement System will issue a request for proposals on Aug. 1 for fund of hedge funds managers as the final stage of the system’s portable alpha program implementation.
The system is looking to “evaluate low volatility fund of hedge funds products suitable for use in a portable alpha program,” according to Julie Economaki, a spokeswoman. It may commit as much as $600 million to the new mandate.
As part of the system’s portable alpha program, IPERS’ investment board this week approved the recommendation of the evaluation committee to hire Mellon Capital for its global multi-strategy, multi-asset class portable alpha mandate. It is estimated that the mandate will be approximately $400 million.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...