Wed, Jul 23, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

HFI: Veritas and Henderson lead a cast of regional and global players who win AsiaHedge Awards

Friday, October 23, 2009
Opalesque Industry Updates - The Real Return Asian Fund, managed by Ezra Sun of Veritas Asset Management, took the plaudits of more than 200 leading figures in the Asia-Pacific hedge fund industry last night as he collected the AsiaHedge Fund of the Year Award for 2009 at an industry dinner in Hong Kong.

The much-coveted Management Firm of the Year award was won for 2009 by Henderson Global Investors, which had no less than four of its Asia-focused funds nominated in the various categories.

The strong turnout and upbeat mood at the dinner, which was being held for the eighth time, also demonstrated – after two years of extraordinary turmoil in the global markets – that the hedge fund industry in the Asia-Pacific region has very much survived, and indeed appears well positioned to thrive again after a year when many funds again delivered strong returns.

In an Asia-Pacific industry that is spread across various markets and featuring players based in a number of different locations, the awards were won by a mixture of big international firms and regionally-based players.

Among the major international firms that took awards, in addition to Henderson there was also Brevan Howard, which won the International award again for its Asia macro fund; and also Marshall Wace, which won the award for best Asia including Japan strategy for Asia Diversified TOPS fund.

HSBC won the award for best Single Country fund for its India hedge fund strategy managed by Sanjiv Duggal.

Regional boutiques that won included HT Capital for its Amoeba small cap strategy, and Riley Paterson for Asia ex-Japan.

A best China fund category was awarded for the first time this year, reflecting the rapid growth of dedicated China-focused hedge funds, with the inaugural winner being LBN China+ Opportunity. The long-established best Japan fund category was won by Hadoh, while another Japan-focused strategy – Prowess of Japan – took this year’s Arbitrage & Market Neutral award.

After being nominated on several previous occasions, the Fixed Income award was taken this time by Tribridge.

Evenstar and Phalanx, two new contenders at the awards, took the Event Driven and Multi-strategy categories. And the New Fund of the Year award went to Joe Chan’s new Galaxy China Deep Value fund. The full list of this year’s winners was as follows:

Asia ex-Japan
Riley Paterson

Asia inc Japan
Marshall Wace Asia Diversified TOPS Fund

Japan
Hadoh

China
LBN China+ Opportunity

Single Country
HSBC India Alpha

Small & Mid-Cap
HT Asian Alpha Amoeba

Event Driven
Evenstar Sub Fund I

Arbitrage & Market Neutral
Prowess of Japan

International
Brevan Howard Asia

Fixed Income, High Yield and Distressed
Tribridge

Multi-Strategy
Phalanx Japan Austral-Asia Multi-Strategy

New Fund of the Year
Galaxy China Deep Value Fund

Management Firm of the Year
Henderson

Fund of the Year
Real Return Asian Fund

- FG

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Events – AIMA Australian Hedge Fund Forum, Sept. 16, Sydney[more]

    AIMA Australia invite you to join us at our annual Hedge Fund Forum on Tuesday 16th September 2014 at the Sofitel Sydney Wentworth. The AIMA Australian Hedge Fund Forum is a non-profit hedge fund conference organised by the industry for the industry, featuring quality Australian and internation

  2. Opalesque Exclusive: Loeb, Grantham cite growing economic concerns in letters[more]

    Bailey McCann, Opalesque New York: Hedge fund manager Daniel Loeb, head of Third Point, and Jeremy Grantham of Grantham, Mayo, Van Otterloo & Co. have both released their quarterly investor letters today. While news is positive on some fronts, and both men see pockets of opportunity, they also h

  3. Investing – Hedge funds expect Netflix earnings to catapult forward, Third Point's Loeb takes stakes in Fibra Uno, YPF, Royal DSM, Lake Capital in talks to back Engine Group[more]

    Hedge funds expect Netflix earnings to catapult forward From Investing.com: Netflix has made major strides forward in 2014 despite ongoing battles with the FCC and cable companies over the issue of net neutrality. The FCC has now received over 500,000 comments from the public on its pend

  4. Opalesque Roundtable: European family offices struggle to retain their investments in offshore hedge funds[more]

    Komfie Manalo, Opalesque Asia: The European Union’s Alternative Investment Fund Managers Directive (AIFMD) will constrain investment opportunities amidst concern a number of U.S. fund managers will stop marketing their products in the European Union under the new rule, said Valentin Bohländer fro

  5. Opalesque Roundtable: Success in hedge fund marketing not linked to performance, but investor appetite[more]

    Komfie Manalo, Opalesque Asia: Success in marketing a fund is not linked to the performance, but to investor appetite, to the way you can market the fund, and to how much time you can spend to raise assets, said Antoine Rolland, the CEO of incubator and seeding firm