Cutler Capital Management Launches Cutler Absolute Return Fund

WORCESTER, Mass., Nov. 23, 2010 – Cutler Capital Management, LLC today introduced the Cutler Absolute Return Fund, LP (CAR), a fund designed to provide institutional investors with positive returns, regardless of market conditions or general market direction.
Geofrey K. Dancey and Arthur Raskin will co-manage the fund. Dancey joined Cutler in 2003 as an analyst for the firm’s flagship fund. Raskin has over 30 years of experience trading convertibles, most recently for Cantor Fitzgerald.
They will employ a disciplined approach to tracking the convertible securities universe, allowing them to trade hedged positions that generate profits from cash flow and capital appreciation caused by security valuation changes, while controlling overall investment risk.
Cutler President David Grenier said he expects CAR to generate interest from institutional investors because the fund will seek to provide consistent positive monthly returns from hedged, lower-risk positions, and to establish a pattern of low volatility returns that are uncorrelated with overall equity and fixed income markets.
“In today’s volatile market, CAR can help institutional investors preserve and enhance their portfolios, without exposing their assets to unnecessary risk,” according to Grenier.

Cutler Capital Management, LLC of Worcester, Mass. and Clearwater, Fla. (www.cutlercapital.com) is an investment advisory firm registered with the Securities and Exchange Commission, specializing primarily in investing in convertible securities to provide growth and income to high-net-worth investors, corporations, family offices, endowments and charitable foundations. Cutler currently manages more than $240 million in assets.

Dave Kowal
Kowal Communications, Inc.
28 Hemlock Drive
Northboro, MA 01532
508-393-7023
www.kowal.com

This release was published on openPR.