Monday, 20 October 2014
Last updated 7 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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...