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Stock impact report

Manager of long/short mutual fund touts Amgen [Yahoo! Finance]

B2Gold Corp Common shares (Canada) (BTG) 
NASDAQ:AMEX Investor Relations: b2gold.com/investors/presentation
Company Research Source: Yahoo! Finance
Joseph Artuso, co-manager of Easterly Snow Long/Short Opportunity Fund SNOAX , takes the latter approach. The fund has $102 million in assets, according to Morningstar. And Easterly Investment Partners has $1.7 billion under management. The long/short fund has generated annualized returns of 18% over the past 12 months, 7% over the past three years, 10% over five years, and 5.29% over 10 years, according to Morningstar. That tops the average for the research firm's long-short equity category for all four periods. We recently spoke to Artuso about his strategy. He said that short positions are meant to manage risk – the risk of the long positions. The fund uses options and ETFs to establish the shorts. The fund is overweight energy, materials, and information technology. TheStreet/Easterly Investment Partners Investment philosophy of Easterly's Joe Artuso TheStreet.com: What's your investment philosophy? Artuso: We believe in a well-diversified portfolio of companies w Show less Read more
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