Thursday, 2 October 2014
Last updated 47 min 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.
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...