Morningstar: Alternative strategy mutual funds face second consecutive challenging year

    Alternative strategy mutual funds experienced a second consecutive year of challenging growth and performance.  Ratio of new fund [Read More]
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Sears borrows $200M from Lampert’s ESL Investments

  Cash-strapped Sears Holdings has obtained a secured standby letter of credit for $200 million from CEO Eddie Lampert’s hedge [Read More]
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eVestment: YTD outflows at $83.1B….assets solidly above $3T AUM mark

November’s estimated $2.2 billion outflows are the third consecutive month of redemptions and the seventh month of outflows this year. [Read More]
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Texas Teachers adopts new “1 or 30” fee structure

  The Teacher Retirement System of Texas has adopted a new “1 or 30” fee structure developed by Albourne Partners, [Read More]
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Wisconsin Investment Board allocates to Graham, Highbridge, Two Sigma, Dorsal

  Wisconsin Investment Board, which oversees $102 billion in assets, committed $505 million in assets to four hedge funds during [Read More]
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