Friday, 19 December 2014
Last updated 6 hours ago
Jan 16 2008 | 7:00am ET
The $12.9 billion Ohio Police & Fire Pension Fund is looking to add more alpha to its portfolio and has issued a request for proposals for firms to provide market-neutral alpha overlay strategies.
Ohio is looking for one or more investment advisers to manage about $375 million. This strategy will be packaged with a beta exposure (the Standard & Poor’s 500 Index) and implemented via a separate account or co-mingled fund vehicle provided by the selected firms.
Interested firms much have at least a two-year performance history in market-neutral strategies as of Sept. 30, 2007, and at least $250 million of capital invested in market neutral strategies. Firms must also be registered with the Securities and Exchange Commission.
The deadline for the RFP, which can be accessed at the pension fund’s Web site, is Feb. 8 by 3 p.m. Eastern time. Finalists will be notified during the week of March 24 with interviews scheduled for the week of April 28.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.