Articles and Video on Hedge Funds
Austin Police narrows hedge fund-of-funds search to 2 finalists
trueAustin (Texas) Police Retirement System named two finalists in its search for a hedge fund-of-funds manager to run approximately $30 million, said Sampson Jordan, CEO of the $622 million pension fund, in an e-mail.
TCW expands alternatives marketing team
trueWilliam Lloyd has joined TCW Group as managing director and head of alternatives marketing and Joseph Quinn joined as head of alternative marketing, said company spokesman Doug Morris on Thursday.
SEC enforcement sets record in FY 2014
trueThe Securities and Exchange Commission filed a record 755 enforcement actions in fiscal year 2014 that led to $4.16 billion in disgorgement and penalties, according to preliminary figures released by the agency Thursday.
Germany's BVK favors buyout, hedge funds
trueGermany’s biggest public pension fund plans to invest more in private equity and hedge funds and reduce its bond holdings as low interest rates curb returns.
San Francisco pension fund puts off hedge fund vote
trueSan Francisco City & County Employees' Retirement System, amid a contentious board meeting, again put off a vote Wednesday on whether to allocate 15% of the pension fund's $20.1 billion to hedge funds.
Study shows returns of listed REITs beat other asset classes
trueReal estate investment trusts offered the highest net return of all asset classes for 900 corporate and public defined benefit plans between 1998 and 2011, says a soon-to-be-released study by research firm CEM Benchmarking Inc.
Alameda County Employees powers up Lighthouse for customized hedge fund of funds
trueAlameda County Employees' Retirement Association hired Lighthouse Investment Partners to run a $100 million hedge fund-of-funds portfolio.
Finisterre chooses head of credit research
trueChristopher Buck joined emerging markets hedge fund manager Finisterre Capital as head of credit research.
Analysis: New York State Common equity hedge fund managers exhibit above average stock selection skill
trueAn analysis of public holdings shows that overall, equity hedge fund managers in the New York State Common Retirement Fund's absolute-return strategy exhibit “above average” skill as stock pickers, but are outside the top 25th percentile of the fund universe as a whole.
Neuberger Berman acquires Orchard Square hedge fund
trueNeuberger Berman has agreed to acquire Orchard Square Partners, a global long-short credit hedge fund with about $475 million in assets.
Tulare County ponders options on increasing hedge fund allocation
trueTulare County Employees’ Retirement Association, Visalia, Calif., is exploring ways to bring its hedge fund allocation closer to its 5% target.
Portfolio choices doomed CalPERS' hedge fund program
trueCalPERS officials made ineffective portfolio construction choices for a dozen years before throwing in the towel on hedge funds, sources say.
Canada offers lessons for CalPERS, other U.S. funds
trueI was a member of a task force created in the late 1980s by the government of Ontario to recommend how the province's public-sector pension plans might be restructured for better performance.
Too complex for CalPERS
trueCalPERS' decision on Sept. 15 to close its $4 billion hedge fund program will lead to a lot of re-examination of the investment strategy by other asset owners.
BlueCrest spins off BlueTrend fund into own firm
trueBlueCrest Capital Management is spinning off its computer-driven hedge funds into a separate investment firm, just weeks after saying it would cut its management fees as assets drop.