Sunday, 21 September 2014
Last updated 1 day ago
Jun 23 2006 | 8:59pm ET
The $758 million Ohio State Highway Patrol Retirement System will review its asset allocation and manager lineup next month. The review comes after the hire of a new consultant, Hartland & Co. After the consultant's review of the plan's assets and manager rosters, the fund hopes to conclude its fund-of-hedge funds and global tactical asset allocation searches.
The plan had issued RFPs for the two asset classes last year and received responses; however, the selection process was put on hold due to the consultant search. Richard Curtis, executive director, said Hartland will review the responses and ask for updated information from the managers. He said it is unlikely the fund will issue new RFPs and expects to make a hire in the next three months.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.