Friday, 26 December 2014
Last updated 1 day ago
Jun 10 2013 | 9:27am ET
The Maryland State Retirement & Pension System has hired former Credit Suisse trader George Taylor's energy-focused hedge fund to run a $50 million mandate.
The $42 billion pension said it moved the money from a passive commodities vehicle to Taylor Woods Capital Management at the beginning of the month. Taylor Woods becomes one of about 30 fund managers in Maryland's "real return" portfolio.
That portfolio currently represents 11.5% of the pension's assets, below its 14% target.
Taylor Woods is up 10% this year, Reuters reports.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.