Jun 23 2006 | 8:37pm ET
The Missouri State Employees' Retirement System has approved more direct hedge fund investments at the expense of funds-of-funds. The move comes after the board approved increasing the plan's internal investment department staff to four.
The fund will hire a senior level person responsible for the hedge fund program, according to Christine Rackers, spokeswoman for the $7.1 billion plan. The program previously did not have a staff member designated to overseeing hedge fund investments. Information on the position should be posted to the plan's Web site (www.mosers.org) by July 5.
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…