Friday, 19 September 2014
Last updated 3 hours ago
Jan 13 2006 | 8:21pm ET
The Brockton (Mass.) Retirement System is considering investing in hedge funds after a pension obligation bond issued in 2005 pushed the fund over the $250 million-mark, the minimum amount needed for Massachusetts public pension funds to be allowed to invest in hedge funds.
Harold Hanna, executive director of the $280 million plan, said the plan is reviewing its asset allocations and evaluating its liabilities before deciding whether to entertain hedge funds, which he thinks would "spice up" the plan's portfolio. The review is expected to take six to eight months. Evaluation Associates will assist with the reviews.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.