Wednesday, 1 October 2014
Last updated 49 min ago
Mar 28 2012 | 11:33am ET
New Jersey's state pension funds continue to move towards their goal of doubling their hedge fund allocation, with $450 million in new mandates handed out last week.
The New Jersey State Investment Council awarded $200 million to BlueCrest Capital Management, $150 million to Claren Road Asset Management and $100 million to Cadian Capital Management, HFMWeek reports. The hires bring to eight the number of hedge funds added to the Garden State's portfolio over the past year, after the public pension systems increased their hedge fund allocation from 5% to 10%.
Just last month, the $74.7 billion systems awarded $150 million each to Bay Pond Partners and Cevian Capital.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...