Sunday, 23 November 2014
Last updated 2 days 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...