Gargoyle Shows Continued Growth.ENGLEWOOD Englewood (ĕng`gəlw  d).1 City (1990 pop. 29,387), Arapahoe co., N central Colo., on the South Platte River, a residential and industrial suburb of Denver; inc. 1903. , N.J. -- Gargoyle gargoyle (gär`goil), waterspout used in medieval Europe to draw rainwater from church and cathedral roofs. Gargoyles were fashioned imaginatively in the form of human grotesques, beasts, and demonic spirits. Asset Management announced today that its flagship 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 Gargoyle Hedged Value Master Fund, has exceeded $200 million in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. . This fund is designed to allow investors to participate in the large cap U.S. equity market with enhanced performance and lower risk. Since January 2000, this Fund has shown a cumulative return of 118%. During the same period, the S&P 500 is up 6%. Joshua B. Parker and Alan L. Salzbank are the fund's managers. |
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