Friday, 19 December 2014
Last updated 1 hour ago
Jun 20 2012 | 11:22am ET
Chicago's transit workers are looking for a fund of hedge funds—but want to avoid a bumpy ride.
The $1.8 billion Chicago Transit Authority Employees Retirement Plan has issued a request for information for a low-volatility fund of funds or funds of funds. The fund or funds hired will be allocated $30 million.
Proposals are due on July 13 with finalists notified Aug. 17. The pension's consultant, Gray & Co., is assisting with the search.
The RFI is available on the plan's Web site.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.