Thursday, 30 July 2015
Last updated 6 hours ago
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.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…