Friday, 24 October 2014
Last updated 15 hours ago
Dec 2 2008 | 10:15am ET
Vancouver-based Fulcra Asset Management has launched its debut hedge fund, focusing on “out of favor” bonds.
The firm, founded by former CI Financial portfolio manager Matthew Shandro, launched the fund yesterday. The new offering is “focused on finding investments we can understand and where free cash flow is reality, not a myth,” Shandro said in a press release.
“By exercising this discipline we can take advantage of inefficiencies in fixed-income markets, where many investors place too much reliance on the rating agencies.”
Before joining CI, Shandro worked at Great Pacific Capital.
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 ...