The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Catalyst Goes Bullish on Buybacks Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, October 17, 2013

Catalyst Goes Bullish on Buybacks

Reported by Tommy Fernandez

Catalyst is grabbing the bull by the horns again in the alt space.

This time, the New York firm has filed with the SEC to launch the Catalyst/EquityCompass Share Buyback Fund.

The fund will invest in stocks of companies that have announced share buybacks.

According to founder and chief executive Jerry Szilagyi, the buyback fund is a "'follow-on' to the success we have had with our “Insider” funds which purchase stock of companies where corporate insiders have been purchasing their own company shares."

The product is also being launched in conjunction with the EquityCompass Strategies which created and maintains a share buyback index currently being used for structured note products, according to Szilagyi. However, the fund will not be following the index, it will be an actively managed version of the share buyback strategy, he told MFWire.

Catalyst uses its insider trading strategy in a number of funds:

Long-only funds:

  Catalyst Insider Buying Fund (INSAX & INSCX): Large-cap equity focused on companies with significant corporate insider buying

  Catalyst Value Fund (CTVAX, CTVCX & CTVIX): Small/Micro-cap deep value equity using an insider buying research overlay

  Hedged and Long/Short funds:

  Catalyst Strategic Insider Fund (STVAX & STVCX): Hedged equity portfolio driven by corporate insider knowledge and complemented by premium income and volatility management from writing covered call options on equity indexes

  Catalyst Insider Long/Short Fund (CIAAX & CIACX): Market neutral Long/Short equity with long positions in companies with significant corporate insider buying activity and short positions in companies with significant corporate insider selling

The launch follows the September unveiling of the Catalyst Hedged Futures Strategy

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use