Friday, 24 October 2014
Last updated 14 hours ago
Mar 3 2006 | 12:00am ET
The $28 billion Alaska Permanent Fund Corporation has hired several new managers for its equity and absolute return portfolios.
The fund approved the hires of Martingale Asset Management and UBS Global Asset Management to manage $200 million each in enhanced alpha strategies.
The plan also hired Mariner Investment Group and Lazard Alternatives to handle $200 million and $100 million, respectively, for its absolute return portfolio.
The hires were made during the fund’s two-day meeting in Juneau.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...