Thursday, 18 September 2014
Last updated 6 hours ago
May 7 2008 | 12:14pm ET
The $8.5 billion San Diego County Employees Retirement Association is currently searching for four to six managers for its newly implemented active commodity program.
SDCERA implemented a passive commodity program in June 2005 and transitioned to enhanced strategies in August 2006. Two months ago, the plan’s board furthered its active guidelines by adopting a policy for its commodity allocation, which include a maximum allocation of 15% to equities, 15% to physical commodities, allow short positions and use a mixture of enhanced and active managers.
The newly adopted policy also allows for investments in swaps, separate accounts, partnerships, funds-of-funds and commingled funds. The plan’s search is managed by consultant Ennis Knupp + Associates.
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.