Tuesday, 30 September 2014
Last updated 17 min ago
Oct 16 2013 | 10:10am ET
South Korea's sovereign wealth fund has poured some US$3 billion into alternative investments this year.
The investments bring the Korea Investment Corp.'s alternatives holdings to roughly 10% of its $65 billion portfolio, chief investment officer Dong-Ik Lee told Pensions & Investments. KIC has set a 20% alternatives target, which Lee said it expected to reach over the next few years.
Hedge funds have won the biggest share of KIC's alternatives allocation, with 39%. Private equity accounts for 31% and real-estate for 26%. Lee said eventually the numbers would skew more towards p.e.
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...