Investing/portfolio strategies
Texas Employees Retirement starts work on small-cap manager pool
Texas Employees Retirement System, Austin, will issue a request for qualifications in the next month or two to set up a pool of preapproved domestic small-cap equity managers.
February 22, 2012 | 04:10 pm
Wales’ Flintshire County pension fund seeks frontier markets manager
Flintshire County Council Clwyd Pension Fund, Mold, Wales, is searching for a frontier markets equity or multiasset manager.
February 22, 2012 | 02:40 pm
Fife Council Pension Fund looking for global equity managers
Fife Council Pension Fund, Glenrothes, Scotland, issued an RFI for managers to be included in a framework agreement, or preapproved list of managers, to manage an active, long-only global equity...
February 22, 2012 | 02:36 pm
Louisiana Sheriffs pension fund doles out $72 million
Louisiana Sheriffs' Pension & Relief Fund, Baton Rouge, is adding a total of about $72 million to existing managers.
February 22, 2012 | 02:29 pm
Norwood Contributory reissues emerging markets equity RFP
Norwood (Mass.) Contributory Retirement System reissued an RFP for an active emerging markets equity manager to run $5 million, according a posting on Meketa Investment Group's website.
February 22, 2012 | 02:10 pm
San Joaquin County Employees chooses 2 for risk parity
San Joaquin County Employees’ Retirement Association, Stockton, Calif., hired Bridgewater Associates and Clifton Group to each run risk-parity strategies.
February 22, 2012 | 01:59 pm
Research papers get top honors from IRRC Institute
Research papers on a contrary view of fiduciary investment decision-making and on ambiguity in stock prices as a distinct factor from risk were winners of prizes of $10,000 each in the new IRRC...
February 21, 2012 | 03:29 pm
Montana board to make flurry of investment changes
Montana Board of Investments is expected to approve a $15 million commitment to a buyout fund, add $10 million to a real estate fund, move $99 million from a terminated manager and place another firm ...
February 21, 2012 | 04:29 pm
Harry Markowitz among 9 researchers to receive Harry M. Markowitz Awards
Three sets of papers by nine researchers, including Harry M. Markowitz, were named winners of the Harry M. Markowitz Awards, according to a joint statement issued Tuesday by New...
February 21, 2012 | 04:26 pm
Ohio State Teachers boosts alternatives at expense of domestic equities
Ohio State Teachers' Retirement System is increasing its target allocations to international equities, private equity and opportunistic/diversified assets and decreasing its target allocation to...
February 21, 2012 | 04:21 pm
Charlottesville Retirement looks to hire large-cap manager
Charlottesville (Va.) Retirement System is searching for a domestic large-cap growth equity manager to run $6 million to $7 million.
February 21, 2012 | 04:02 pm
Kentucky Retirement System seeks midcap managers
Kentucky Retirement Systems, Frankfort, is conducting an invitation-only search for two or three managers to run a total of $500 million in active domestic midcap equities.
February 21, 2012 | 03:39 pm
Sutton Pension Fund picks managers for absolute return, global equity
London Borough of Sutton Pension Fund appointed six managers divided into two separate framework agreements to manage two portfolios: a multiasset absolute-return portfolio and an unconstrained...
February 21, 2012 | 12:55 pm
An end to the 60/40 asset allocation
The conventional approach to asset allocation — which began with the staple 60/40 policy portfolio of stocks and bonds, before morphing into highly leverage-sensitive alternatives — is...
February 20, 2012
Global macro, managed futures heating up
U.S. institutional investors have global macro and managed futures managers firmly in their sights as they hunt for non-correlated investment strategies to add to their hedge fund portfolios.