Meyer Capital Suffers First Losing Year

Feb 7 2007 | 12:27pm ET

Barrington, Ill.-based Meyer Capital Management had its first losing year in 2006 following seven consecutive years of positive returns, dating to its inception in January 1999. The firm’s Diversified Program, a systematic, diversified futures strategy, fell 11.25% last year. 

Meyer’s drawdown was a chink in an otherwise robust strategy, which has achieved annualized returns of 15.31%. It reported assets under management of some $135 million at the end of December.

The program uses technical and quantitative analysis and employs both long-term trend following and short-term counter-trend trading strategies to a diverse portfolio of futures markets, according to Meyer’s disclosure documents.

James Meyer, a former trader on the floor of the Chicago Mercantile Exchange for Shearson Lehman Brothers and Linnco Futures, founded Meyer Capital in 1998.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note