Monday, 30 November 2015
Last updated 6 min ago
Sep 4 2013 | 9:36am ET
Catalyst Mutual Funds has converted Ed Walczak's Harbor Assets hedge fund into the Catalyst Hedged Futures Strategy Fund.
The fund seeks to take advantage of market volatility to provide capital appreciation and capital preservation in all market conditions, with low volatility and low correlation to the U.S. equity market.
“I’m pleased to be able to offer the fund I have been managing for the last seven years to a broader investor base that may benefit from the strategy” said Walczak, founder and senior portfolio manager of the fund, in a statement.
“We are very excited to be able to bring this unique fund into the Catalyst Funds family and to have such an experienced investment professional as Ed Walczak join our team,” said Jerry Szilagyi, president of the Catalyst Funds, in a statement. “I believe there is a growing need in the marketplace for this type of investment.”
Launched in December 2005, the Harbor Assets fund has returned 20.11% (without sales charge) since inception. In 2012, it returned 11%.
Catalyst Funds currently offers 14 distinctive funds through a team of in-house portfolio managers and boutique institutional investment management partners.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…