Rival Capital Preps Maiden Fund

Mar 12 2007 | 9:53am ET

A pair of formerly long-only managers is diversifying with the launch of their flagship fund, the Rival North American Growth Fund. The long/short offering is set to launch on April 2. The managers, Rob Hall and Tony Warzel, are embarking on a roadshow in western Canada, with stops in Winnipeg, Manitoba, Calgary, Alberta, and Vancouver, British Columbia.

The fund will employ a top-down, theme-driven growth strategy, focusing on small and mid-size companies in North America with a market capitalization of less than US$2 billion in Canada and less than US$10 billion in the U.S. It will implement stop-loss orders and option strategies in order to limit losses in any particular position, and will not employ leverage exceeding 50% of its net asset value. Its short exposure will remain between 0% and 50% and it will have no limits on cash holdings.

“The strategy and proprietary methodology behind the fund will create high value investment opportunities primarily in Canadian and U.S. equities, which we believe will provide superior returns to investors over time,” Warzel, Rival Capital Management’s CIO, said.

Warzel and his partner managed money for financial services concern Great-West Lifeco before founding Winnipeg-based Rival last year.


In Depth

Q&A: Quad Advisors’ Borish Is Looking For Real Traders, Not Index Huggers

Aug 20 2014 | 1:43pm ET

Peter Borish, who served as founding partner and director of research at Tudor Investment...

Lifestyle

Nicky Hilton To Wed James Rothschild

Aug 20 2014 | 5:23am ET

When it comes to husband-material, socialite Nicky Hilton is sticking with finance...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

 

Futures Magazine

PREVIEW July/August 2014 Cover

Inside Futures' 500th Issue

The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.

The Alpha Pages

TAP July/August 2014 Cover

Real talk on alternative investments, business & finance

The Alpha Pages Editor's Note