Saturday, 30 August 2014
Last updated 1 day ago
Jan 7 2009 | 9:51am ET
Winnipeg, Canada-based Rival Capital Management has launched the Rival North American RRSP Growth Fund, which will invest in the firm’s flagship Rival North American Growth Fund.
The long/short Rival North American Growth Fund invests in small and mid-cap growth stocks listed in Canada and the U.S. and is managed by CIO Tony Warzel.
The $14.9 million fund lost 7.6% last year through November compared to the 48.6% loss by its benchmark, BMO Nesbitt Burns Canadian Small-cap Index.
“Since mid-September, we have avoided much of the mayhem of the market by having a preponderance of short positions,” said Warzel. “We were short American high-end consumer discretionary stocks, though we have covered most of those positions now. The combination of shorts, some good longs and the stops have given us relatively strong performance.”
Rival Capital was founded in 2006.
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 ...