New Hire Roundup: NASAA Names Joseph Brady Executive Director
Meanwhile, TIAA-CREF announced that Derek Dorn has been named vice president of public policy and associate general counsel.
Calpers’ Hedge Fund Exit Stemmed From Challenge to Expand Assets
Pension plan's decision to divest $4 billion from hedge funds came after officials concluded the program couldn’t be expanded enough to justify the costs.
‘Black Swan’ Funds Up 23% for the Year
Extreme sport isn’t the only venue for thrill seekers and adrenaline junkies, judging from the recent returns racked up by so-called “black swan” funds. The funds, named for a generic term for an unexpected event that negatively or positively impact the market, take advantage of the resulting volatility.
Interest in Chartered Alternative Investment Analyst Designation Grows
AMHERST, Mass. (HedgeWorld.com)--Meeting the needs of an ever-growing number of aspirants, the Chartered Alternative Investment Analyst Association will administer the next series of Level I and Level II exams in February. According to officials, the number of candidates seeking the Chartered Alternative Investment Analyst designation has tripled annually since the...
Getting Schooled in Alternatives
As investor interest in absolute return investments grows, so does the business of educating financial advisors about alternative investments. To address this demand, the Alternative...
No Contract Deal for CalPERS, FRM
SACRAMENTO, Calif. (HedgeWorld.com)--Unable to come to terms on a contract, the California Public Employees' Retirement System and London-based fund of funds Financial Risk Management Ltd....
Nomura and PAAMCo Ready Japanese Retail Hedge Fund
TOKYO (HedgeWorld.com)--A retail hedge fund of funds aimed at Japanese investors is expected to launch in early October by the asset management wing of Nomura...