Thursday, 30 October 2014
Last updated 3 min 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."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
David and James Hamman launched their fundamental Livestock and Grains Program in March of 2010 but it really was decades in the making.