Saturday, 20 September 2014
Last updated 1 day ago
Jun 30 2006 | 3:22pm ET
The $1.2 billion Stanislaus County (Calif.) Employees Retirement Association may soon adopt a new asset allocation mix that will include adding real estate and private equity for the first time. Tom Watson, administrator, said the plan's consultant, Strategic Investment Solutions, has presented a few asset mix scenarios, but the plan has yet to make a decision on the recommendations, which are part of an ongoing asset study.
SIS will present the asset liability study at next month's meeting. Currently, the fund only invests in international and domestic equities and fixed-income.
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.