{"id":3968,"date":"2006-02-09T00:00:00","date_gmt":"2006-02-09T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"last-atlantis-capital-management-launches-diversified-long-short-statistical-arbitrage-program","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2006\/last-atlantis-capital-management-launches-diversified-long-short-statistical-arbitrage-program.html","title":{"rendered":"Last Atlantis Capital Management launches diversified Long\/Short Statistical Arbitrage program"},"content":{"rendered":"<p>  ST. THOMAS, USVI &#8211; Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Long\/Short Statistical Arbitrage Program within The Last Atlantis Master Fund. The same  manager has traded the program since 1998 using a highly diversified pairs library developed through years of research.<\/p>\n<p>  LACM\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Long\/Short program features a library of approximately 1,000 pairs of equities developed through a proprietary research method that matches highly correlated companies on a fundamental and  technical basis. The proprietary research is ongoing, and pairs may be added or removed from the library as research dictates. Once in the library, each pair is monitored with a variety of  proprietary and technical indicators to determine when it should be bought or sold.<\/p>\n<p>  To manage risk, the portfolio manager sets a predetermined stop-loss point on each pair traded. Additionally, the portfolio manager carries positions in a variety of companies over a number of  industry sectors. By spreading the risk over many companies and sectors, the portfolio manager believes that no one particular event will result in a major negative impact on the portfolio.<\/p>\n<p>  &#8220;LACM\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s Long\/Short Stat Arb program dynamically adjusts its pairs selection to industry trends and performance results,&#8221; notes Irwin Berger, Last Atlantis\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2 managing director. &#8220;Through continuous  research and rigorous testing, the program is structured to constantly renew or introduce new pairs offerings that optimize yields.&#8221;<\/p>\n<p>  Investors can access this program either through a managed account or by investment into Last Atlantis Partners, LLC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ST. THOMAS, USVI &#8211; Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Long\/Short Statistical Arbitrage Program within The Last Atlantis Master Fund. The same manager has traded the program since 1998 using a highly [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3968","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3968","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=3968"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3968\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3968"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3968"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3968"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}