Garrison Hill/ Redwood to Launch Canada's first European Crisis Fund / Financial Post Feature |
Date: Monday, July 12, 2010
Author: News Release
Garrison Hill/ Redwood to Launch Canada's first European Crisis Fund / Financial Post Feature
Thursday, June 24th 2010 12:00am
Toronto, Ontario: Garrison Hill Capital Management along with partner
Redwood Asset Management, are pleased to announce the launch of Canada's
first Fund focused on the European financial crisis.
The Garrison Hill European Crisis Fund seeks to provide investors with the
ability to profit and hedge their portfolios from deteriorating political
and economic conditions in the Euro Zone.
"Economic and political issues in Europe continue to influence investment
returns in other asset classes globally," said Michael Yhip, President and
Chief Investment Officer of Garrison Hill. "We believe these are structural
issues that will take years to resolve and investors need to manage the risk
to their portfolios accordingly. The European Crisis Fund provides investors
a unique investment opportunity and risk management tool."
The Fund will be actively managed and will use long and short strategies in
a broad range of asset classes such as currencies, commodities, fixed
income, and equities in order to achieve its investment objective.
The Garrison Hill European Crisis Fund will be available through Redwood
Asset Management. Garrison Hill will act as the sole Portfolio Advisor to
the Fund. "Redwood is pleased to partner with Garrison Hill as they have
demonstrated the ability to understand complicated global events and turn
them into distinct investable ideas" said Peter Shippen, President of
Redwood.
The Fund is currently being marketed to accredited investors only with an
anticipated launch date of July 12, 2010.
Further information can be found at
www.redwoodasset.com/eurocrisisfund.html
Michael Yhip, President & Chief Investment Officer
Garrison Hill Capital Management Inc.
Tel. 416-203-2212
Fax. 416-361-6181
Email. michael@ghcm.ca