CALGARY, Jan. 29, 2014 /CNW/ - Ross Smith Asset Management ("RSAM") is pleased to announce the appointment of both Joseph Perry with Chris Preston as co-CEOs.
Mr. Perry is a 19-year veteran of the securities industry, starting with Montgomery Securities in San Francisco in 1994. In 1998 Mr. Perry founded and was the Managing Member of Speed Trading Partners LLC, a proprietary trading firm and a member of the Chicago Stock Exchange. In 2001, Mr. Perry founded, and was the Managing Member of RedSky Financial LLC, a FINRA broker dealer that focused on providing trading technology to hedge funds, proprietary trading groups, and professional traders. In 2007 Mr. Perry oversaw the sale of RedSky Financial LLC to Investment Technology Group (ITG).
Mr. Preston spent six years with S.A.C. Capital, serving on the team that developed its first electronic trading platform. Mr. Preston has also led the build out of several high frequency trading systems across various asset classes and markets.
"Joe and Chris share the Board's vision of Ross Smith's potential in the market and bring tremendous experience and expertise to our business," said Allan Ross, President and Chair of RSAM. "They (Joe and Chris) have had a very close relationship with our Firm over the past 2 years managing the build-out of our proprietary trading technology and we are very excited to have them join our leadership team."
"As a Firm, we see an incredible opportunity to continue delivering our Firm's innovative investment products to the Canadian marketplace," said Mr. Perry. "We are very excited to build on and continue the success this Firm has experienced thus far."
RSAM is a leading Canadian investment management firm specializing in providing intelligently designed innovative investment solutions that seek to deliver consistent portfolio growth with minimal volatility and risk, regardless of market and economic conditions.
In order to achieve this objective, our leadership has created a culture that encourages collaboration, independent thinking and original idea generation amongst a team of individuals dedicated to the shared values of integrity and excellence. Today our experienced team of industry professionals, coupled with our powerful proprietary technology platform, enables us to deliver award-winning investment solutions to our valued investors.
More information can be obtained at www.rsam.ca
SOURCE: Ross Smith Asset Management Inc.
For further information: Patrick MacDonald, Executive Vice President, Tel: (403) 263-9104, Email: [email protected]