Thursday, 30 July 2015
Last updated 2 hours ago
May 18 2012 | 4:06am ET
The Arkansas Public Employees Retirement System is a step closer to hiring a fund of fund—singular, as part of a so-called "fund of one" approach.
The $6 billion pension's board last month approved a shortlist of "fund of one" managers for a $100 million mandate. Using a "fund of one" will help Arkansas "avoid excessive energy exposure," the April 11 board minutes said.
Arkansas adopted the "fund of one" approach in February, following a presentation from Grosvenor Capital Management, Pensions & Investments reports.
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…