Ohio firefighters have eliminated what some consider portfolio fire prevention when they cut a certain algorithmic hedge fund from their roster. This occurs while Dallas Police and Fire System pension funds look at a portfolio sleeve correlated to energy as oil drops to new lows. Wilshire pension fund winner According to minutes from the Ohio Police & Fire Pension Fund, the organization approved a motion to terminate relationships with Columbia Threadneedle Investments, AQR Capital Management and Investcorp Investment Advisers. The move comes as the pension fund adopted the U.S. Equity structure recommendations from Los Angeles-based Wilshire Associates, whose “Portfolio C” option turned…
Ohio Firefighters Pension Throws Out Fire Insurance Protection
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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