Friday, 22 August 2014
Last updated 13 hours ago
May 25 2012 | 3:19am ET
The Fort Worth Employees' Retirement Fund is poised to add a pair of hedge fund strategies to its lineup.
The $1.7 billion Texas public pension is in the final stages of adding the strategies, HFMWeek reports. Allocations to an emerging markets relative value credit hedge fund and a global macro emerging markets hedge fund are expected in August.
The new investments will help push Fort Worth towards its 20% hedge fund target. It currently has $305 million in hedge fund investments, just $35 million below its $340 million target.
Fort Worth last year hired an event-driven hedge fund, and also employs long/short, relative value and macro/directional managers.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note