US firms dominate 10th annual InvestHedge Awards taking 80% of the prizes
Mon Nov 5, 2012
InvestHedge honours FoHFs, hedge funds and consultants in the glamorous setting of the British Museum in London last month with SSARIS in the limelight
US-based advisers walked away with the majority of the 19 prizes at the 10th annual InvestHedge Awards for Performance Excellence held in London for the first time on 3 October. Some 300 of the leading players in the global hedge fund investment industry came together at the Queen Elizabeth II Great Court in the British Museum in London to find out who were best performers over the last five years.
The majority of the awards were given for the best risk adjusted performance among the global funds of hedge funds universe over the last five years, a period when the global fund of hedge funds industry as a whole was down 6.8% but there were still many individual funds that delivered robust positive returns.
The rationale for picking the five-year time horizon was two-fold. Firstly, it incorporated both the financial crisis and the long term after effects of the...
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