Wednesday, 23 July 2014
Last updated 11 hours ago
Dec 22 2005 | 7:26pm ET
The board of the $400 million New Orleans Employees Retirement System will meet on Feb. 8 to discuss which investment priorities to address in 2006. Jerry Davis, chairman, said the board will look at its hedge fund and fixed-income allocations, reviews that were put off because of Hurricane Katrina.
Davis said the plan will opportunistically look at hedge fund investments, most likely fund-of-funds, though it will also continue to look at individual funds. He said any interested managers should contact him, preferably by e-mail, at email@example.com.
The plan currently invests in core fixed-income and will look at additional strategies to help improve returns, including bank loans and credit card loans. Morgan Stanley serves as the plan's consultant.
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…