The 15th annual Eurekahedge Asian Hedge Fund Awards ceremony took place on 25 May 2018 with a crowd of 230 attendees coming together to celebrate the 85 best performing Asian hedge funds of 2017. The Best Asian Hedge Fund award went to Red Cliff Asia Fund – an Asia focused relative value player.
Winners who swept their nomination categories are Black Crane Asia Opportunities Fund who were named Best Asian Event Driven Fund for the second year running, and Best Asia ex-Japan Hedge Fund. Also included in this double winner list is Hayate Japan Equity Long Short Fund for clinching Best Japan Hedge Fund and Best Singapore-based Hedge Fund.
Other notable winners are Akito Fund who held on to their title of Most Consistent Asia-based Fund and Credence Global with Best Asia-based CTA/Managed Futures Fund – both for the third consecutive year since 2016. Malabar India Fund is also a returning winner, having been named Best Indian Hedge Fund for the second consecutive year.
Parantoux Vintage Fund joins our hall of fame as the Best New Asian Hedge Fund for this year. Other new winners joining in this year include TX Capital Value Fund (Best Greater China Hedge Fund), Prudence Enhanced Income Fund (Best Asian Fixed Income Fund), Pinpoint Multi-Strategy Fund (Best Asian Multi-Strategy Fund), Brilliant Partners Fund (Best Asian Long/Short Equity Fund), Arete Macro Fund (Best Asia-based Global Macro Fund), and Quantedge Global Fund (Best Asian Billion Dollar Hedge Fund).
This year we conducted an SMS auction and live auction for charity partner the Down Syndrome Association (Singapore). A total of S$44,200 was raised thanks to the efforts and contributions from guests and we sincerely appreciate the support.
As always, Eurekahedge would like to thank everyone for their continuous support of the Eurekahedge Asian Hedge Fund Awards through sponsorships, judging and selection of nominees and winners.
The Eurekahedge Asian Hedge Fund Awards have had award categories across the board in regional and strategic mandates that not only reflect the industry’s performance but also highlight outstanding performers of the year.
Best Singapore-based Hedge Fund Sponsored by RaffAello Capital Limited
Nominees for the Eurekahedge Asian Hedge Fund Awards are selected through voting by an independent panel of judges, from a working list of funds reporting to the Eurekahedge databases. All Asian hedge funds listed with Eurekahedge, operating as at end-April 2018, and have reported their latest performance and AUM numbers are eligible for nomination. A master file of all eligible funds for each of the award categories (according to their regional/strategic mandates) will be compiled and circulated among the judges to facilitate nomination for the awards (note: consequently, it is not unlikely that the same fund would be nominated for multiple awards).
Once the votes are collated and the list of nominees finalised, the winners are selected by the panel of judges, weighing in on both quantitative and qualitative aspects of the funds in question. The quantitative discussion, while mainly based on 2017 performance, also evaluates 1Q 2018 risk/return metrics, on grounds of consistency in fund performance. The selection of nominees and winners is entirely under the remit of the panel of judges, and the role of Eurekahedge in this endeavour is limited to supplying data and moderating the discussion.
The winners are selected by an independent panel of judges based on both quantitative data and qualitative knowledge of the funds listed in the Eurekahedge database. Our esteemed panel of judges have a combined total of 102 years investing in the hedge fund industry.
Managing Director, Investment & Research
HC Asset Management Co Ltd, Japan
Akane Hashimoto joined HC in February 2003 as a consultant. Since then, she has been actively involved in Investment & Research activities as well as business development. Currently, she is responsible for Investment & Research activities as well as client relations activities. Prior to joining HC, she spent four years at Watson Wyatt (now Towers Watson) as an investment and business consultant. She began her career at The Bank of Tokyo (now Bank of Tokyo-Mitsubishi UFJ, Ltd.) in 1994, spending five years in the capital markets group. Bachelor of Arts (Economics), The University of Tokyo (1994).
Penjing Asset Management
Ronnie Wu is chief investment officer and managing director of Penjing Asset Management.He joined Penjing Asset Management in November 2015. He led the effort in hedge fund research and selection, portfolio construction and monitoring the macro environment. As a key management partner, Ronnie was also responsible for the overall business direction of Penjing. He was the co-founder of Vision Investment Management (Asia) Ltd (VIM) in 2000. He joined VIM from UBS Global Asset Management in 1997, a key team member responsible for managing two market-neutral, multiple strategies fund of hedge funds. Ronnie holds a BS degree in Finance from University of Portland, USA and an MBA in Finance from San Diego State University, USA. He is a Chartered Financial Analyst.
Senior Vice President, Head of Alternatives
Fullerton Fund Management
Shirin Ismail, CFA, Senior Vice President and Head of Alternatives, joined Fullerton Fund Management Company on its formation in 2003. In her current role, she is responsible for portfolio investments into global funds including hedge funds. Prior to joining Fullerton, Shirin was with the Fund Management Division of Temasek Holdings (Private) Limited since November 2000, where she was a fixed income portfolio manager specializing in European bonds.
With more than 20 years of experience in fixed income, FX forwards, money market, derivatives trading and portfolio management, Shirin previously work in the treasury dealing room of DBS Bank, Singapore from 1992-2000, managing the ACU money market book, European and Asian FX forwards, interest rate derivatives trading, bonds as well as asset & liability management.
Shirin was voted as one of the 50 Leading Women in Hedge Funds 2011 and 2013 by The Hedge Fund Journal.
She graduated from Nanyang Technological University of Singapore with a First Class Honours Degree in Business (Banking & Insurance) in 1992.
Co-Chief Investment Officer
Noah Holdings (Hong Kong) Limited
Mr. William Ma, CFA, CAIA, is the Co-Chief Investment Officer of Noah Holdings (Hong Kong) Limited and the Co-Chief Investment Officer of Gopher Asset Management. Gopher is one the largest Fund of Hedge Funds manager in China with US$18.2 billion AUM. Previously Mr. Ma was the CIO of Gottex Penjing Asset Management (GPAM), the Asia asset management arm of Gottex Fund Management, a Swiss-listed alternative investment management firm. At GPAM, Mr. Ma managed US$2 billion of client assets and the Asian investment team, and was the lead portfolio manager of all of Gottex’s Asian fund of hedge funds focusing on portfolio management, hedge fund due diligence and manager selection. Prior to joining GPAM, Mr. Ma was Co-Founder and Portfolio Manager of Penjing Asset Management managing Asian funds of hedge funds. Before co-founding Penjing in 2005, he worked at Vision Investment Management (Asia) Ltd specializing in Asian hedge funds due diligence. Previously, he served as a research analyst at HT Capital Management Ltd, a Pan Asia Long/Short equity hedge fund management firm.
Mr. Ma received his BEng (EESE) from the University of Hong Kong and his MBA in Finance and E-Commerce from the University of San Francisco, and was invited to Peking University in Beijing in 2002 as an exchange student representative in the Beijing International MBA (BiMBA) program. He is a Chartered Financial Analyst and Chartered Alternative Investment Analyst charter holder, and a member of the Hong Kong Society of Financial Analysts.
Chief Executive Officer and Chief Investment Officer
Synergy Fund Management Group
Eliza Lau is the Founder and Chief Investment Officer of Synergy Fund Management Group an asset management firm founded in 2010 and based in Hong Kong with a mission to discover local hidden talents for overseas investors, while helping local investors access overseas talents. Ms. Lau has over
28 years of experience in the financial industry, of which includes managing Funds of hedge Funds, Funds of PE Funds, Family Office Portfolios, Global Macro Hedge Funds, Asia Equity Long/Short Hedge Fund and Pan-Asia Long-only equity funds. Prior to founding Synergy Fund Management Group, Ms. Lau spent 8 years at Search Investment Group helped the Principal, Mr. Robert Miller, to build an institutional investment platform for Global and Asia Hedge Funds and PE Funds. Ms. Lau built and setup SAIL Advisors Limited in 2003 from Family Office to one of the largest Funds of Funds in Asia, where she was the CEO, CIO, and Member of Board of Directors for Search Investment Group.
Prior to Search Investment Group, Ms. Lau was one of the founding partners of JL Capital Partners Limited, an Asian macro hedge fund management based in Singapore. Before JL, Ms. Lau spent 13 years with Salomon Brothers, based in New York and Hong Kong. In Hong Kong, she helped to build the Salomon Brothers Asset Management business and setup Pan-Asia focus funds including hedge funds and long only fund operation where she was responsible for managing Pan-Asian equity portfolios and convertible bond portfolios. Prior to Hong Kong, Ms. Lau spent 6 years in the research division at Salomon Brothers in New York, where she conducted intensive research on global equity, fixed-income and quantitative modeling for the Portfolio Construction team.
This year, Eurekahedge partnered with Down Syndrome Association (Singapore). Down Syndrome Association (Singapore) – DSA(S), was borne out of love and devotion by a group of parents of children with Down syndrome. The Association was established in September 1996 and aims to support and educate families, professionals and the general public about the genetic conditions.
DSA(S), a primarily self-funding & non-profit Voluntary Welfare Organisation (WWO), works closely and regularly with health and educational professionals and VWOs in support of persons with Down syndrome. They are officially recognised by the National Council of Social Service (NCSS) and is registered as a charity organisation with the Commissioner of Charities, Singapore.
At DSA(S), they depend largely on the generosity and support of corporates and the community to continue with their work in providing education and training to support their members through a wide range of meaningful enrichment and developmental programmes. Education support includes Infant & Toddler Programme, Integration Facilitation Support Programme, and Adult Enhancement Programme; enrichment classes cover dance, aikido, speech & drama, and many more.