Many funds have struggled in the treacherous market conditions of 2011, but the final contenders for the 2011 AR Awards show that the best funds have been able to weather the markets and deliver top-class returns. To honor those best-of-breed managers, AR will present its seventh annual awards during a black-tie dinner on November 10 at the Mandarin Oriental Hotel in New York City.
Below is AR’s list of final nominees based on performance from September 2010 through August 2011. The Fund of the Year candidates will be announced at the awards ceremony. The AR Awards are decided by a purely quantitative methodology. Nominees must meet the criteria for a minimum level of assets under management, beat the median return in their relevant peer group and generate best-in-class Sharpe ratios. Like last year, funds must also be within 10% of their high-water mark.
More than 300 industry leaders attended this event in each of the past six years. To find out more about this year’s dinner and to book your table, please visit www.absolutereturnawards.com