Detroit Retirement System Increases Investment in Mount Lucas Management's MLM Index.Business Editors PRINCETON, N.J.--(BUSINESS WIRE)--August 28, 2001 Mount Lucas Management (www.mtlucas.com), a leading provider of managed futures Managed Futures In the context of hedge funds, a style of management that focuses on short-term trading in the futures market. investment programs for institutions and high net worth investors, announced today that that the General Retirement System of the City of Detroit, one of the largest municipal pension funds in the US, has increased its allocation to MLM MLM Multi-Level Marketing MLM Mailing List Manager MLM Marxism-Leninism-Maoism MLM Mid-Level Manager MLM Medical Liability Monitor (newsletter) MLM Multi-Longitudinal Mode MLM Military Liaison Mission Index(TM), one of the best performing, diversified futures products available to tax-exempt investors, by 25%. Frank Vannerson, Chairman of Mount Lucas Management, said, "The Detroit General Retirement System has been an MLM Index(TM) investor since late 1997 and they have had good returns -- exceeding their actuarial ac·tu·ar·y n. pl. ac·tu·ar·ies A statistician who computes insurance risks and premiums. [Latin assumption -- since the inception of the investment. Like many other public pension funds, the General Retirement System is looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. alternative investment vehicles that are liquid, that have complete transparency and that have no correlation with traditional asset classes. The MLM Index(TM) more than meets these criteria." David Clark David Clark or Dave Clark can refer to different people:
New England New England, name applied to the region comprising six states of the NE United States—Maine, New Hampshire, Vermont, Massachusetts, Rhode Island, and Connecticut. The region is thought to have been so named by Capt. Pension Consulting is the General Retirement System's investment consultant. Mount Lucas Management (www.mtlucas.com), headquartered in Princeton, New Jersey
Princeton, New Jersey is located in Mercer County, New Jersey, United States. Princeton University has been sited in the town since 1756. , is a leading provider of managed futures investment programs for institutions and high net worth investors. Founded in 1986, Mount Lucas designed and managed the first futures investment program for a major institution that encompassed all aspects of the investment, including trading, investment accounting and monitoring, and legal structure. Mount Lucas' MLM Index(TM) is used by consultants and financial planners as a benchmark for evaluating returns from managed futures and its MLM Global Markets Strategy(TM) uses futures index technology to replicate the returns associated with a basket hedge funds. |
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