Tuesday, 2 September 2014
Last updated 4 hours ago
Feb 26 2010 | 12:12pm ET
Small-cap equities specialist Robert Gould proved too aggressive for Russell Investments, so he’s decided to join an industry where that quality is often rewarded.
The Gould Investment Partners chief is closing his $110 million traditional money management firm and launching a hedge fund, Spitfire Investment Partners. The new firm’s maiden fund, Spitfire Investment Fund, offers Gould “a bigger tool box” than his long-only funds, he told Pensions & Investments.
Spitfire opened its doors in October, and Gould Investment will close its in March, despite a seven-year track record of besting its benchmark by almost 12%. But Russell dropped Gould as a subadviser beginning last summer in favor of more conservative managers. But rather than go conservative, Gould is sticking to his guns and going hedge fund.
Spitfire is a global long/short equity vehicle.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...