Friday, 26 December 2014
Last updated 2 days ago
Dec 22 2005 | 10:36pm ET
The Worcester (Mass.) Retirement Board is in early discussions of a possible investment in portable alpha strategies.
James DelSignore, chairman of the $666 million plan, said its consultant, Meketa Investment Group, has been looking at the strategy for some time, however the plan cannot invest in portable alpha until the Public Employee Retirement Administration Commission, which provides oversight, guidance, monitoring and regulation of state plans, approves it first. DelSignore said he does not know the timeframe of a decision by PERAC. Worcester is leaning toward a conservative portable alpha investment, such as market-neutral.
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.