APG-backed hedge fund incubator expands
IMQubator, the emerging manager fund of funds backed by APG, will establish an international capital introduction network, as part of a plan to attract institutional investors in addition to the Dutch giant.
Volatile markets have provided a rich hunting ground and opportunistic best ideas have come thick and fast for AP4’s new five-pronged global allocation made up of systematic equity, currency and rates, asset allocation, hedge funds/external mandates and analysis. Magdalena Högberg explains the risks and opportunities of the best ideas allocation.
IMQubator, the emerging manager fund of funds backed by APG, will establish an international capital introduction network, as part of a plan to attract institutional investors in addition to the Dutch giant.
New Jersey’s public pension fund is looking to almost double its allocation to alternatives, particularly hedge funds, lifting that allocation to a third of its assets, and is scaling back on equities despite it being its best performing asset class this year.
News this week that the world’s largest hedge fund manager, Man Group, is to take full ownership of Ore Hill Partners Capital Management highlights the under-researched area of event-driven hedge funds.
The institutional foray into hedge fund strategies is changing the way these managers invest. In turn, the hedge fund industry is being shaped by this now dominant investor base.
The New Jersey Investment Council, which manages the state pension funds, is looking for a general investment consultant and consultant for three specialist investment classes.
The underperformance of the CalPERS’ risk-managed absolute return strategy indicates the portfolio may be too heavily weighted towards macro, currency, commodity or directional risk than the investment committee originally set out to achieve, according to a review by Wilshire.
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