US - Two new Mexico-based pension funds and the Baltimore Fire and Police retirement system are among the US-based investors burned by the alleged US$50bn Ponzi scheme run by Bernard Madoff.
The New Mexico State Investment Council's spokesman Charles Wollmann confirmed the New Mexico scheme has an $18m exposure through two hedge funds of funds. The New Mexico Employees Retirement Board revealed...
James Balcombe looks at how pension funds can find the best hedge fund managers in the market
Interest rate and inflation hedging levels rose during the last quarter of 2015 according to BMO Global Asset Management's Liability Driven Investment (LDI) survey.
PP considers how big a risk this is for schemes and how they can manage it
Clwyd Pension Fund has undergone a restructure of its hedge fund strategy which will generate cost efficiencies and protect against volatility, following a major investment review.
PP looks at whether volatile markets mean now is the opportune time to invest in hedge funds