In The News

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Small hedge fund firm moves into mutuals: Redwood hires Decter
January 17, 2005

In the Canadian mutual fund industry, the big get bigger at the expense of the smaller companies. So it is a little unusual to see a new small player hit its stride.

Redwood Asset Management, which has been selling hedge funds and now mutual funds, opened its doors a year ago and now has almost $50,000 in assets in its four funds.

“The big guys are just such an empire,” said Redwood founder Jonathan Clapham. “Our skill is going after one independent advisor at a time”