Kassirer hedge fund earns 11.8% in 2010, 9th consecutive profitable year

TORONTO, Jan. 19 /CNW/ - We are pleased to report that Kassirer Market Neutral Limited Partnership earned 1.74% in December 2009, and 11.84% for the year. The market-neutral nature of our investment activities, benefits of a highly diversified portfolio, and improved fundamentals contributed to 12 profitable months in 2010. The 1-year, 3-year, and 5-year returns for our fund are 11.8%, 5.9%, and 6.3%, comparing favourably to most benchmarks. Merger and acquisition activity continues to be robust in the aftermath of the financial crisis and financing for transactions is readily available. We look forward to continuing buoyant prospects for the fund in 2010.

For further information: For further information: Mark Kassirer, (416) 643-2222, mark@kassirer.com

Organization Profile

KASSIRER ASSET MANAGEMENT CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890