Wednesday, 1 April 2015
Last updated 5 hours ago
Mar 3 2006 | 12:00am ET
The $970 million Jacksonville (Fla.) Fire & Police Pension Fund will conduct a full asset liability study and expects a complete reorganization of its portfolio in the next 18 months if ongoing state legislation is passed on July 1 that will expand the plan’s investment opportunities.
John Keane, executive director, said he expects passage of the legislation, which would allow the fund to invest in both alternatives and bonds that are below A-rated. In the past, Keane has said the plan would like to put as much as 15% into alternatives.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…