Monday, 20 October 2014
Last updated 2 hours ago
Nov 28 2012 | 12:58am ET
Ohio's main public pension fund has invested $440 million in three hedge funds, all new to the system.
The $76.4 billion Ohio Public Employees Retirement System has hired Brigade Capital Management, KLS Diversified Asset Management and Saba Capital Partners. Brigade's Leveraged Capital Structures Fund and Saba each received $160 million, while KLS got $120 million, Pensions & Investments reports.
Cliffwater, OPERS' hedge fund consultant, assisted with the search, which increases the pension's direct hedge fund portfolio to more than $3.1 billion.
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 ...