Friday, 28 November 2014
Last updated 18 hours ago
Mar 31 2006 | 12:00am ET
The $40 billion Massachusetts Pension Reserves Investment Management Board expects to approve RFPs for an international equity manager and a portable alpha manager at its April 4 board meeting, said Mike Travaglini, executive director.
In February, the fund approved a maiden investment into portable alpha of up to $2 billion and increased its international equity exposure by 5% to 20% (FINalternatives, 2/10). The board will also vote on whether to recommend a number of private equity investments, though Travaglini declined to name the firms. The fund has also issued an RFP for a hedge fund consultant because the contract of incumbent New England Pension Consultants expires in April.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...