Friday, 19 September 2014
Last updated 30 min ago
May 3 2013 | 9:37am ET
The Indiana Public Retirement Systems spent $365 million on new hedge funds over the past two months.
The $27.1 billion public pension announced four new hedge fund allocations at its April 26 meeting, Pensions & Investments reports. On March 1, it invested $100 million each with Emerging Sovereign Group and MKP Capital Management, and $65 million with Oxford Asset Management. A month later, it handed $100 million to Kepos Capital.
The money went to Emerging Sovereign's long/short emerging markets stock fund, Kepos' Macro Fund, MKP's long/short structured credit fund and Oxford's quantitative equity market-neutral fund.
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.