Friday, 24 October 2014
Last updated 1 hour ago
Sep 9 2008 | 12:24pm ET
Canadian mutual fund firm Sentry Select Capital Corp. is getting into the hedge fund business.
Sentry and C.A. Bancorp have acquired Waterfall Investments. Terms of the deal were not disclosed, but Sentry, which manages some C$6 billion (US$5.7 billion) in assets, will own two-thirds of the joint subsidiary and C.A. Bancorp one-third.
Toronto-based Waterfall currently runs four hedge funds and was founded four years ago by Andrew McCreath, formerly of Synergy Mutual Funds.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...