The Eurekahedge Global Hedge Fund Awards have been launched with the intent of identifying and celebrating the very best of hedge fund managers in the Americas, Europe, Middle East & Africa (EMEA) and Asia Pacific (APAC) across 45 award categories carefully designed to track key strategic and regional mandates within the global hedge funds industry. In addition to this, we have introduced specialised awards that recognise the performance of new entrants to the industry as well as ‘consistency awards’ for established players that have continued to add value for institutional investors over the years. As a first for the hedge fund industry, the funds are evaluated over the same time period under consideration for all regional awards (Americas, EMEA and APAC) using a consistent methodology that draws on the expertise of our judges who have extensive years of experience allocating institutional money to hedge funds across the globe.
The table below provides an overview of the median performance statistics of the award nominees this year, compared against their peers from their respective regions.
Table 1: Eurekahedge Global Hedge Fund Award nominees’ performance vs. peers
Median |
2018 Return |
March 2019 Trailing |
5Y Sharpe Ratio* |
5Y Sortino Ratio* |
Track Record |
Americas Hedge Fund |
7.62% |
6.56% |
1.09 |
1.84 |
9.17 |
All Americas Hedge Funds |
(2.35%) |
2.05% |
0.13 |
0.18 |
5.67 |
Europe, Middle-East & Africa Hedge Fund Award Nominees 2019 |
6.70% |
5.84% |
1.02 |
1.81 |
8.00 |
All Europe, Middle-East & Africa Hedge Funds (ex-Nominees) |
(3.70%) |
(0.77%) |
(0.02) |
(0.03) |
5.00 |
Asia Pacific Hedge Fund |
8.08% |
5.81% |
1.01 |
2.02 |
5.38 |
All Asia Pacific Hedge Funds |
(6.72%) |
(2.97%) |
0.17 |
0.26 |
4.58 |
*For the five-year period ending December 2018 | Source: Eurekahedge |
Eurekahedge Global Hedge Fund Awards – Americas Region
The following table provides the winners of the 15 hedge fund awards for the Americas region.
Table 2: Winners of the Eurekahedge Global Hedge Fund Awards – Americas region
Hedge Fund Award Ceremony |
Winner |
---|---|
Best North American Hedge Fund |
EJF Debt Opportunities Fund |
Best North American Distressed Debt Hedge Fund |
Waterfall Victoria Erisa Fund |
Best North American Relative Value Hedge Fund |
Serenitas Credit Gamma Master Fund |
Best Volatility Focused Hedge Fund |
AGSF |
Best North America-Based CTA/Managed Futures Hedge Fund |
Millburn Commodity Program |
Best North American Event Driven Hedge Fund |
MMCAP Fund |
Best North American Fixed Income Hedge Fund |
Hudson Cove Credit Opportunity Master Fund |
Best North America-Based Macro Hedge Fund |
Glaxis Global Partners |
Best North American Long Short Equities Hedge Fund |
Renaissance Institutional Equities Fund |
Best North American Multi-Strategy Hedge Fund |
Renaissance Institutional Diversified Alpha Fund |
Best New North American Hedge Fund |
Pinnacle Arcadia Cattle Partners |
Most Consistent Latin America-Based Hedge Fund |
BTG Pactual Discovery FI Multimercado |
Most Consistent Canada-Based Hedge Fund |
Kassirer Market Neutral |
Most Consistent US-Based Hedge Fund |
Renaissance Institutional Equities Fund |
Best Americas Billion Dollar Hedge Fund |
Waterfall Victoria Fund |
Source: Eurekahedge
Figure 1 illustrates the performance of an equal-weighted custom index comprising all of the 109 Americas hedge fund award nominees across the 15 categories shown in Table 2. The award nominees of the Americas region have returned 9.60% per annum since December 2013 through April 2019, outperforming the Eurekahedge North American Hedge Fund Index which has generated an annualised return of 4.93% over the same period.
Figure 1: Americas Hedge Fund Award nominees’ 2019 performance
Eurekahedge Global Hedge Fund Awards - Europe, Middle-East & Africa Region
In Table 3 the winners of the 15 hedge fund awards for the Europe, Middle-East & Africa region are listed.
Table 3: Winners of the Eurekahedge Global Hedge Fund Awards – Europe, Middle-East & Africa region
Hedge Fund Award Ceremony |
Winner |
---|---|
Best European Hedge Fund |
Omni Event Fund |
Best European Distressed Debt Hedge Fund |
Altum Credit European Master Fund |
Best European Relative Value Hedge Fund |
Capula Global Relative Value Fund |
Best ILS Focused Hedge Fund |
Luxembourg Life Fund |
Best Europe-Based CTA/Managed Futures Hedge Fund |
Audentia World FX Fund |
Best European Event Driven Hedge Fund |
Omni Event Fund |
Best European Fixed Income Hedge Fund |
Alcentra Structured Credit Opportunity Fund |
Best Europe-Based Macro Hedge Fund |
H2O Allegro |
Best European Long Short Equities Hedge Fund |
Covalis Capital Master Fund |
Best European Multi-Strategy Hedge Fund |
Victory Arcadia Fund |
Best New European Hedge Fund |
Adrigo Small & Midcap L/S |
Most Consistent Middle East & Africa-Based Hedge Fund |
Barak Structured Trade Finance Fund |
Most Consistent UCITS Hedge Fund |
Ennismore European Smaller Companies Fund |
Most Consistent UK-Based Hedge Fund |
Covalis Capital Master Fund |
Best European Billion Dollar Hedge Fund |
CQS Abs Feeder Fund |
Source: Eurekahedge
Figure 2 illustrates the performance of an equal-weighted custom index comprising all of the 81 Europe, Middle-East & Africa hedge fund award nominees across the 15 categories shown in Table 3. The award nominees of the Europe, Middle-East & Africa region have returned 9.63% per annum since December 2013 through April 2019, outperforming the Eurekahedge European Hedge Fund Index which has generated an annualised return of 2.29% over the same period.
Figure 2: Europe, Middle-East & Africa Hedge Fund Award nominees’ 2019 performance
Eurekahedge Global Hedge Fund Awards - Asia Pacific region
Table 4 provides the winners of the 15 hedge fund awards for the Asia Pacific region.
Table 4: Winners of the Eurekahedge Global Hedge Fund Awards – Asia Pacific region
Hedge Fund Award Ceremony |
Winner |
---|---|
Best Asian Hedge Fund |
KS Asia Absolute Return Fund |
Best Greater China Hedge Fund |
Sino Vision Greater China Market Neutral Fund |
Best India Hedge Fund |
Avendus Absolute Return Fund |
Best Japan Hedge Fund |
Akito Fund |
Best Asia ex-Japan Hedge Fund |
FengHe Asia Fund |
Best Asia-Based CTA/Managed Futures Hedge Fund |
PMC Managed Futures Segregated Portfolio |
Best Asian Event Driven Hedge Fund |
Athos Asia Event Driven Fund |
Best Asian Fixed Income Hedge Fund |
The Prism Income Fund |
Best Asia-Based Global Macro Hedge Fund |
Bright Stream Macro Fund |
Best Asian Long Short Equities Hedge Fund |
FengHe Asia Fund |
Best Asian Multi-Strategy Hedge Fund |
KS Asia Absolute Return Fund |
Best Singapore-Based Hedge Fund |
FengHe Asia Fund |
Best New Asian Hedge Fund |
Seahawk China Dynamic Fund |
Most Consistent Asia-Based Hedge Fund |
KS Asia Absolute Return Fund |
Best Asian Billion Dollar Hedge Fund |
Segantii Asia-Pacific Equity Multi-Strategy Fund |
Source: Eurekahedge
Figure 3 illustrates the performance of an equal-weighted custom index comprising all of the 60 Asia Pacific hedge fund award nominees across the fifteen categories shown in Table 4. The award nominees of the Asia Pacific region have returned 10.57% per annum since December 2013 through April 2019, outperforming the Eurekahedge Asian Hedge Fund Index which has generated an annualised return of 5.10% over the same period.
Figure 3: Asia Pacific Hedge Fund Award nominees’ 2019 performance
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