Saturday, 27 December 2014
Last updated 2 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.