Saturday, 30 May 2015
Last updated 1 day ago
Oct 27 2006 | 6:56am ET
The Iowa Public Employees’ Retirement System has extended the deadline for an RPF for managers to handle a $2.3 billion enhanced cash portable alpha mandate. The new date for inquiries is Nov. 1 and proposals are due Nov. 14.
According to the RFP, which can be found on the plan’s Web site, “IPERS seeks proposals from managers that can provide a bundled portable alpha product in which S&P 500 Index derivatives are used to ‘port’ large cap U.S. equity exposure onto an actively managed portfolio of fixed income securities or a short-term U.S. cash equivalent investment strategy.”
The $20 billion plan is looking to hire two or three managers to handle the allocation. All inquiries should be directed toward the plan’s consultant, Wilshire Associates.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…