Thursday, 21 August 2014
Last updated 2 hours ago
Oct 2 2012 | 11:27am ET
The Ohio School Employees Retirement System has shaken up its hedge fund portfolio.
The $9.9 billion pension fund has terminated two hedge funds and replaced them with two others. Out are Lansdowne Partners and OMG Capital; in are Archer Capital Management and Nephila Capital.
Ohio School's new managers got $30 million each, Pensions & Investment reports. The pension picked Archer's offshore event-driven multi-strategy fund and Nephila's Triton event-driven reinsurance fund.
The new mandates were funded by redeeming $35 million from OMG's Opportunities Trading Fund and $23.4 million from Lansdowne's Global Financials Fund. Both redemptions were due to underperformance, Ohio Schools spokesman Tim Barbour told P&I.
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