Thursday, 24 July 2014
Last updated 12 hours ago
Jul 24 2012 | 11:14am ET
A Connecticut town has entrusted about 5% of its assets to a "conservative" fund of hedge funds.
The Fairfield Joint Retirement Investment Board awarded the $15 million mandate to Diversified Global Asset Management. The firm beat out Blackstone Alternative Asset Management and Lighthouse Investment Partners for the "conservative absolute-return mandate," Pensions & Investments reports.
Callan Associates, the $292 million pension's consultant, assisted with the search.
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…