Friday, 25 July 2014
Last updated 16 sec ago
Jun 16 2006 | 9:56pm ET
The Norfolk (Va.) Employees Retirement System will discuss a potential investment in hedge funds and funds-of-hedge funds at its board meeting this month, however the discussion "doesn't look promising," according to a source close to the plan.
Kamal Khanna, cio of the $786 million plan, declined to comment, but in January he had said that the plan was beginning an education into alternatives. The plan's consultant is Summit Strategies Group.
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…