Hedge Funds Performance

Absolute Return Awards nominees shine in a dim year

by

Absolute Return has announced the final nominees for the 2008 Absolute Return Awards, which will celebrate the highest-performing hedge funds during one of the most tumultuous years in the industry’s history.

Nominees for the awards, which will be presented on the evening of November 18 in New York, include many previous winners, such as Bill Ackman’s Pershing Square International fund, nominated again for best fund in the U.S. Equity category, and John Burbank’s Passport I, nominated for the Global Equity category.

John Paulson, whose Paulson & Co. was nominated for five awards and won an unprecedented three of