Thursday, 28 August 2014
Last updated 13 hours ago
Mar 6 2008 | 1:00am ET
The $120 million Plymouth (Mass.) Retirement Board has issued a request for proposals for active management of its portfolio utilizing a manager of managers strategy.
“Right now we have a consultant, Segal Advisors, that makes suggestions and implements what our board wants to do but our board really has the fiduciary responsibility right now,” said a source within the fund. “What they’re looking for is a company that will take that responsibility away and do it themselves such as redistributing that entire fund.”
Plymouth currently has 5% of its portfolio allocated to hedge funds and private equity funds.
The deadline for the RFP, which can be accessed on the Public Employee Retirement Administration Commission Web site, is March 31.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...