Thursday, 31 July 2014
Last updated 14 hours ago
Jan 25 2008 | 10:44am ET
San Bernardino County this month wrapped up its search for commodities managers. The $6.4 billion Employees Retirement Association has committed a total of $130 million to internally managed commodity structured notes and two external managers.
The pension committed $50 million to the notes, $50 million to Pinnacle’s Natural Resources Fund and $30 million to Lehman/Greshman’s Enhanced Strategic Commodities Fund.
The plan decided to put 2% of its assets in commodities last year.
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…