Printer Friendly
The Free Library
19,604,530 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Asset Logics Capital Management Inc. to Acquire Matisse Investment Management Ltd.


TORONTO -- Dynamic Managed Futures Managed Futures

In the context of hedge funds, a style of management that focuses on short-term trading in the futures market.
 Hedge Fund hedge fund, in finance, a highly speculative, largely unregulated investment device. Originating in the 1950s, the funds "hedge" by offsetting "short" positions (borrowing a security and then selling it at a higher price before repaying the lender) against "long"  (the "Fund") is pleased to announce today that the Fund's portfolio manager, Asset Logics Capital Management Inc. ("Asset Logics"), has entered into a share purchase agreement with Goodman Goodman was a polite term of address, used where Mister (Mr.) would be used today. Compare Goodwife.

Goodman refers to:

Places
  • goodwife, Mississippi, USA
  • Goodman, Missouri, USA
  • Goodman, Wisconsin, USA
 & Company, Investment Counsel Ltd. ("Goodman") to acquire 100% of the shares of Matisse Investment Management Ltd. ("Matisse"). Matisse is the manager of the Fund. The closing of the transaction is subject to regulatory approval and other customary conditions.

A notice of the change in control of the manager of the Fund will be given to unitholders shortly and filed on SEDAR SEDAR System for Electronic Document Analysis and Retrieval
SEDAR Southeast Data, Assessment, and Review
 at www.SEDAR.com under the Fund's name.

The Fund will change its name effective on the closing of the transaction. A notice with the new name of the Fund will be given to unitholders in advance of the closing of the transaction.

It is anticipated that the transaction will close, subject to regulatory approval and other customary conditions, on or about September 20, 2004.

The Fund is a managed futures fund that was established under the laws of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 in 1999. Matisse is the manager and trustee of the Fund and Asset Logics is the portfolio manager of the Fund.

Asset Logics is a portfolio management company that specializes in alternative investment products. Asset Logics is a private company with its head office in Vancouver.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 20, 2004
Words:222
Previous Article:Queenstake Resources Ltd. Announces up to $17 Million Special Warrant Offering.
Next Article:Hawaiian Electric Industries, Inc. Declares Quarterly Dividend.



Related Articles
Livres d'artiste: Henri Matisse, Jazz.
Bay Logics Selected by the Staubach Co.; Installation of Enterprise-Wide Software to Begin Immediately.
Greenwich-based fund acquires Tokyo office building.
Bay Logics Inc. Announces Completion of Phase I, Series C Funding.
"Matisse Picasso".

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles