The Eurekahedge Asian Hedge Fund Awards 2014 returned to Capella Singapore for its 11th incarnation on 23 May 2014. As Singapore’s longest running and only hedge fund award ceremony, the event was graced by 300 hedge fund players commemorating the region’s 76 top performing Asian hedge funds for 2013.
A total of 14 awards were presented on the night with The SFP Value Realization Fund clinching two of the three awards they were nominated for; the Best Asian Hedge Fund award, along with the Best Asian Event Driven Fund awardfor the second consecutive year.
Their double win was closely followed by Fortress Asia Macro Fund who held on to their titles from 2013 (Best Asia-based Macro Fund and Best Singapore-based Hedge Fund; both for the second consecutive year). Nominated in three categories this year, new winner Hayate Japan Equity Long Short Fund won the Best Japan Hedge Fund and Best Asian Long/Short Equities Fund award. Another fund holding on to their 2013 title was GCI Japan Hybrids (Best Asian Multi-Strategy Hedge Fund).
The rest of the region’s top performers were Orchid China Master Fund (Best Greater China Hedge Fund), Steinberg India Emerging Opportunities Fund (Best India Hedge Fund) and K2 Asian Absolute Return Fund (Best Asia ex-Japan Hedge Fund). We also welcomed newcomer Auscap Long Short Australian Equities Fund (Best New Asian Hedge Fund) to the industry.
Winners of the strategic investment mandate awards include Boronia Diversified Fund (Best Asia-based CTA/Managed Futures Fund), Regal Amazon Market Neutral Fund(Best Asian Relative Value Fund), Terra Grove Japan Fund (Best Asian Quant Fund) and GCI Japan Hybrids (Best Asian Multi-Strategy Hedge Fund).
For 2014, Eurekahedge picked Children of Cambodia; a Singapore-based charity association to receive the proceeds from this year’s charity auction. A total of SGD$30,000 was raised through the silent auction of three paintings, and a live auction of one painting. The funds will be donated to support Children of Cambodia’s partner, the Angkor Hospital for Children. Eurekahedge would like to extend our appreciation to all winning bidders for contributing to this cause.
Eurekahedge would also like to once again thank the numerous sponsors, participants, delegates and judges for their commitment to the industry in joining us at the Eurekahedge Asian Hedge Fund Awards 2014. We look forward to yet another year of continued success and celebration with your support. Please check back on our website in a few days for pictures and videos from the event.
• Alchemy India Opportunities Fund
• Forefront India Dynamic Value Fund
• Kuvera Fund
• Malabar India Fund • Steinberg India Emerging Opportunities FundWINNER
Best Greater China Hedge Fund Sponsored by Maples Fund Services Asia
• EJF Greater China Fund
• Greenwoods China Alpha Fund
• LBN China+ Opportunity Fund • Orchid China Master FundWINNER
• Prudence Enhanced Income Fund
• SMC China Opportunity Fund
• Springs China Opportunities Fund
• Telligent Greater China Fund
Best Asian Quant Fund Sponsored by Conyers Dill & Pearman
• Macquarie Asian Alpha Fund
• MNJ Asia-Pacific Absolute Return Fund • Terra Grove Japan FundWINNER
• Terra Grove Pan Asia Fund
• Tokai Tokyo Japan Phoenix Fund
• Wisdom Advanced Fund
Best New Asian Hedge Fund Sponsored by Scotiabank
• Auscap Long Short Australian Equities FundWINNER
• Classy Activist Fund
• Ellerston Australian Market Neutral Fund
• Miran Long Short Equity Segregated Portfolio
• UMJ Galleyla Fund
• Watermark Market Neutral Fund
Best Japan Hedge Fund Sponsored by Nomura
• Akito Fund
• Alithion Japan Fund
• Gardenia Japan Opportunity Fund
• GCI Japan Hybrids • Hayate Japan Equity Long Short FundWINNER
• Simplex Value Up Trust
• The SFP Value Realization Fund
Best Asian Relative Value Fund Sponsored by UBS
• CFB Convertibles Fund PLC
• Credence Global
• Element Capital Fund
• NARECO Commodity Low Volatility Alpha • Regal Amazon Market Neutral Fund WINNER
Best Asia ex-Japan Hedge Fund Sponsored by Walkers Global Singapore
• AP Asia Absolute Return Fund
• AP Asia Alpha Strategy Fund
• Arete Macro Fund • K2 Asian Absolute Return FundWINNER
• KIS Asia Long Short Fund
• Platinum Asia Fund
• Rohatyn Group Asia Opportunity Fund
Best Asian Event Driven Fund Sponsored by Maples Fund Services Asia
• Evenstar Sub-Fund
• LIM Asia Special Situations Fund
• Pengana Asia Special Events (Offshore) Fund
• Simplex Value Up Trust
• Sinfonietta • The SFP Value Realization Fund WINNER
Best Asia-based CTA/Managed Futures Fund Sponsored by CME Group (Singapore)
• Boronia Diversified FundWINNER
• Degraves Capital Program
• Galaxy Quantitative Fund
• Kaiser Trading Fund
• Merricks Capital Soft Commodities Fund
• PAM Managed Futures Segregated Portfolio
• Vegasoul Fund
Best Asian Multi-Strategy Hedge Fund Sponsored by Mizuho Bank
• Asuka Opportunities Fund
• Aurora Fortitude Absolute Return Fund
• CAI Global Fund • GCI Japan HybridsWINNER
• LIM Asia Multi-Strategy Fund
• LIM Japan Fund
• Phalanx Japan-AustralAsia Multi-Strategy Fund
• Rohatyn Group Asia Opportunity Fund
Best Singapore-based Hedge Fund Sponsored by Conyers Dill & Pearman
• Alithion Japan Fund
• ChapelGate Credit Opportunity Fund • Fortress Asia Macro FundWINNER
• Hayate Japan Equity Long Short Fund
• MNJ Asia-Pacific Absolute Return Fund
• Start 22
• The Merchant Commodity Fund
Best Asian Long/Short Equities Fund Sponsored by Mizuho Securities
• Akito Fund • Hayate Japan Equity Long Short FundWINNER
• MW Japan Market Neutral Fund
• Nezu Asia Fund
• Platinum Japan Fund
• UMJ Kotoshiro Fund
• Yaraka Fund
Best Asia-based Macro Fund Sponsored by Apex Fund Services
• Arete Macro Fund • Fortress Asia Macro FundWINNER
• Quantedge Global Fund
• Vicktor Capital Global Macro Portfolio
• Woodsford Asset Allocator Fund
Best Asian Hedge Fund Sponsored by Mizuho Bank
• Akito Fund
• Arcus Japan Long Short Fund
• Evenstar Sub-Fund
• Nezu Asia Fund
• Platinum Japan Fund
• Pure Heart Natural Selection Fund
• Terra Grove Japan Fund • The SFP Value Realization Fund WINNER
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 and operating as at the end of April 2014 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 2013 performance, also evaluates 1Q 2014 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.
GFIA was founded by Peter Douglas CAIA, a pioneer of the Asian hedge fund industry. GFIA researches skill-based managers and their strategies in Asia and emerging markets, working for investors and allocators. He represents the CAIA Association in Singapore. He was an Alternative Investment Management Association (AIMA) Council member for 10 years, was the inaugural Chairman of the Singapore National Group and the inaugural Asia-Pacific regional representative of the Association, responsible for AIMA National Groups in Australia, Hong Kong, Japan, and Singapore. He was a co-founder of the Financial Planning Association of Singapore (FPAS). Peter holds an honours degree from the University of Exeter, an MBA from INSEAD, is a Singapore Financial Industry Certified Professional. and was the first CAIA charterholder in Singapore.
Pacific Alternative Asset
David Walter, MA is a Director in PAAMCO’s Portfolio Management Group based in the firm’s Singapore office. He is responsible for Asian focused investments and acts as Head of Research for Asia and Portfolio Manager for the Pan Asia Portfolio Solutions’ funds. Prior to joining PAAMCO, David performed a similar role for KBC Alpha Asset Management. Before KBC, he co-founded Arbiter Fund Managers where he established and managed a dedicated Japanese long/short equity fund. Previously, David worked at London and Oxford Capital Markets establishing and running a Japan-focused multi-strategy fund. Prior to that he was Head of Japanese Equity Product at Sanwa International Securities. David began his professional career in 1987 at Barings Far East Securities where he was employed as a Japanese convertible and warrant trader. He has twenty-four years of investment management experience. David graduated from Christ Church, Oxford with an MA (Hons) degree in Modern History.
LGT Capital Partners
(Asia Pacific) Limited,
John Knox is a partner of LGT Capital Partners, one of the largest European managers of Alternative assets, with AUM of over US$29billion in hedge funds and private equity for over 300 institutional clients. John is a member of its Hedge Fund investment committee. Prior to joining LGT Capital Partners he was one of the founding partners of KGR Capital, a specialist Asian fund of fund manager acquired by LGT in 2008. Before this he was involved in derivatives for most of his career, latterly at JP Morgan, where he was responsible for its securitized derivatives initiative in Hong Kong. John has 30 years of experience in various roles in investment management and investment banking, having been head of the UK equity derivatives desks for Hoare Govett, and HSBC James Capel in London before moving to Hong Kong in 1992 to set up the global derivatives group for Jardine Fleming (now JP Morgan), becoming a group executive director in 1997. John established KGR Capital in 2002 and has been actively involved in the hedge fund industry in Asia since then.
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).
Gottex Penjing Asset Management
Ronnie Wu is chief investment officer and managing director of Gottex Penjing Asset Management.He joined Gottex in August 2012 following its acquisition of Penjing Asset Management, where he was the founder and chief investment officer. 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.
Eurekahedge will be holding an auction to raise money for charity. This year, all profits will be donated to Eurekahedge’s chosen charity association, Children of Cambodia; a Singapore-based charity association that was started 9 years ago by a 25-year old doctor who contributes their funding and support to the Angkor Hospital for Children.
Four paintings are up for auction and among them, three will be silent auctioned. Each silent auctioned painting will be represented by a Miss Universe Singapore who will be collecting bid information. The winner will be notified at the end of the night by SMS.
Items for Auction
Urban Life (69cm X 91cm, acrylic on canvas) presented by
Miss Universe Singapore 2011: Valerie Lim
Choo Meng Foo:
Trained in the arts, architecture and urban design, Meng Foo believes that life is about learning and experiencing the myriad possibilities that nature offers. He has been featured in Asian Geographic, DK, Wave, One and Silverlining, and specializes in acrylic, watercolour, ink and photography.
Urban Life is a 49-day consecutive work of exploration and meditation on the subject of creativity with limitation. Marina Bay Sands is painted in different styles and expressions; also a trial of his virtuosity. To Meng Foo, Marina Bay Sands signifies a huge paradigm shift, a new era of Singapore and being Singaporean.
I Am From Here (76cm X 76cm, mixed media on canvas) presented by Miss Universe Singapore 2012: Lynn Tan
A Singapore-based artist, Ann’s artworks exhibited at Palais Reinaissance, Ritz-Carlton Millenia and The Four Seasons Hotel. She has worked with organizations like Singapore Art Museum and the National Arts Council.
Ann’s works feature an array of marks, texts, memories created from fiction, heroines, facts or mathematical equations. Amidst the chaos, every element is a manipulation of each other, creating a false anima that is subtly intimate and distant at the same time — relying solely on perception.
Sharma Sing (77cm X 143 cm, mixed media on canvas) presented by Miss Universe Singapore 2013: Shi Lim
Having exhibited internationally; Europe, Australia and across South East Asia, the duo have recently participated in Art Expo Malaysia, The Affordable Art Fair Singapore, Artiste a Suivre France and Lawson’s Urban Art auction in Sydney. Locally, they have exhibited in Chan Hampe, Vue Privee and have produced works with Ferrari and Shanghai Tang.
KA’a’s motivation is to create contrasting and engaging works that blend nature with the chaos of city life, while still focusing on the under-represented. Sharma Sing depicts the raw and real, traditional and contemporary life on the corner streets of Singapore.
The Core (170cm X 110cm, mixed media on plexiglass)
An artist from Brazil, Deusa Blumke’s artwork convey the impact of colours, materials and expressive lines. Portraying a process through which she ‘listens’ to shapes and colours, her artworks manifest a guided movement and flow of the brushstrokes from this technique. Deusa Blumke believes that art helps one to stop and appreciate moments to seek existing inner peace that most times, have laid forgotten inside each of us. Her artworks aim to capture the attention of viewers, even if it is only for a single moment because at the end of the day, all we have is that moment.