Saturday, 26 July 2014
Last updated 9 hours ago
Apr 26 2013 | 9:54am ET
The Milwaukee City Employees' Retirement System is preparing for its first foray into hedge funds.
The $4.2 billion public pension fund's new asset allocation plan includes hedge funds for the first time. Milwaukee aims to put 5% of its portfolio into hedge funds and absolute-return strategies, Pensions & Investments reports; whether it will use funds of funds and invest directly, and what strategies will be targeted, have yet to be determined.
Decisions on searches are expected to come this summer.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…