Tuesday, 30 September 2014
Last updated 16 min ago
May 30 2013 | 10:46am ET
The Chicago Transit Authority Retirement Plan is on the lookout for a global macro hedge fund manager—or managers.
The $1.7 billion pension posted a request for information this week on its Web site. Interested candidates have until June 14 to send in a proposal; finalists will be notified on July 12.
The pension aims to issue a mandate or mandates totaling $5 million to $10 million.
Gray & Co., the plan's investment consultant, is assisting with the search.
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…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...