Ohio Police & Fire Seeking Long-Short Manager

Jun 30 2006 | 3:15pm ET

The $10.5 billion Ohio Police & Fire Pension Fund will begin searching for long-short market neutral managers later this year as the final part of its four-part portable alpha strategy. At its board meeting on Wednesday the plan selected Bridgewater Associates and AQR Capital Management to manage approximately $315 million in global macro, the third part of the strategy. The fund had issued an RFP in February.

Dave Graham, spokesman for the plan, said the amount each manager will handle has not yet been decided and will not necessarily be split evenly. Money for the allocation will come from a Russell 10 Index fund.


In Depth

David Yarrow On Growing His Hedge Fund And Shooting The Animals And People Of Africa - As A Photographer

Jul 23 2014 | 6:44am ET

While he’s always been a photographer, recent expeditions to Iceland, Ethiopia...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    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…

Publisher's Note