Thursday, 24 July 2014
Last updated 3 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.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…