Thursday, 18 September 2014
Last updated 15 hours ago
Oct 31 2012 | 11:09am ET
One of Europe's largest pension managers is mulling a jump into hedge fund replication.
PGGM, which has €125 billion in assets, may add one or more replication programs to its portfolio, hedge fund chief Jan Soerensen told Investment & Pensions Europe. Soerensen cited the programs' liquidity and relative cheapness are big draws for PGGM.
Soerenson said that the firm's size and relationships with providers allow it to negotiate lower costs. "However, we are looking for other ways to improve the costs of implementing our hedge-fund strategy," he told IPE. "We are looking at trade-based replication of hedge fund beta, for example."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.