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Alternative IQ Announces Winners of 2016 Canadian Hedge Fund Awards

Wednesday, 19 October 2016 07:15


TORONTO, ONTARIO / ACCESSWIRE / October 19, 2016 / Alternative IQ today announced the winners of the 9th Annual Canadian Hedge Fund Awards, the highest honour in Canada's hedge fund industry. The awards were presented yesterday evening at a Gala Dinner at One King West Hotel in Toronto with over 140 guests in attendance. Peter Hayes, National Director, Alternative Investments, KPMG LLP, was Master of Ceremonies for the event.

The Gala Dinner was preceded by a hedge fund conference in the afternoon at which the delegates heard a presentation by Brooke Biscoe, Vice President, Business Development, Fundata Canada, on the new Risk Rating Regime for Canada's hedge funds. The conference also included two panel discussions. The first panel of four seasoned IIROC investment advisors discussed Canadian high net worth investors' attitudes and intentions about investing in hedge funds. The second panel included senior executives from some of Canada's largest and most successful hedge funds who shared their views on the trends in Canada's hedge fund industry and how the industry will grow going forward.

The Canadian Hedge Fund Awards help investors identify the most exceptional hedge funds of the year, recognizing winners in 4 categories as well as the Overall Best 2016 Canadian Hedge Fund. A total of 195 Canadian hedge funds participated in the 2016 CHFA program. The awards are based solely on quantitative performance data to June 30th, with Fundata managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winners. Additional awards, based on votes from hedge fund companies, recognize top service providers to the industry.

The 2016 Canadian Hedge Fund Award winners are:

Overall Best 2016 Canadian Hedge Fund:

(based on best combined 10 year annualized return and Sharpe ratio).

Place Fund Name Category Return Sharpe Ratio
1st PH&N Absolute Return Fund Global Macro/Managed Futures/Multi-Strategy 15.45 1.61
2nd King & Victoria Fund LP Equity Focused 15.28 1.03
3rd Venator Founders Fund Equity Focused 13.61 0.82

Equity Focused Category 

Best 1 Year Return:  
 1st Primevestfund 33.94
 2nd Teraz Fund 31.97
 3rd Canoe Energy Alpha Fund LP 20.82
Best 5 Year Return:  
 1st ROMC Fund 17.18
 2nd DKAM Capital Ideas Fund 14.33
 3rd Fiera Long Short Equity Fund 14.18
Best 5 Year Sharpe Ratio:  
 1st Fiera Long Short Equity Fund 1.75
 2nd Goodwood Milford Fund 1.43
 3rd ROMC Fund 1.37

 Credit Focused Category:

Best 1 Year Return:  
 1st Algonquin Debt Strategies Fund LP 19.10
 2nd Fiera Capital Income Opportunities Fund 16.25
 3rd YTM Capital Credit Opportunities Fund 16.17
Best 5 Year Return:  
 1st Stornoway Recovery Fund LP 13.05
 2nd Venator Income Fund 8.98
 3rd RP Debt Opportunities Fund 7.87
Best 5 Year Sharpe Ratio:  
 1st RP Debt Opportunities Fund 2.42
 2nd RP Fixed Income Plus Marret Investment Grade Hedged Strategies 2.14
 3rd Fund 1.51

 Market Neutral Category:

Best 1 Year Return:  
 1st CC&L Q Market Neutral Fund Group 20.29
 2nd WARATAH Energy 15.08
 3rd EHP Guardian Fund 14.02
Best 5 Year Return:  
 1st CC&L Market Neutral Fund 15.42
 2nd CC&L Q Market Neutral Fund Group 14.57
 3rd Curvature LP 8.27
Best 5 Year Sharpe Ratio:  
 1st Curvature LP 1.92
 2nd Ross Smith Capital Investment Fund 1.83
 3rd CC&L Market Neutral Fund 1.50

 Global Macro/Managed Futures/Multi-Strategy Category:

Best 1 Year Return:  
 1st J. Zechner Associates Inc. Global Hedged Growth Fund 33.02
 2nd Claret Global Multi Asset LP 24.69
 3rd Stratigis Uber Strategies Fund LP 23.07
Best 5 Year Return:  
 1st JM Catalyst Fund 11.61
 2nd PH&N Absolute Return Fund J. Zechner Associates Inc. Global Hedged Growth 10.32
 3rd Fund 8.32
Best 5 Year Sharpe Ratio:  
 1st JM Catalyst Fund 2.45
 2nd PH&N Absolute Return Fund 1.23
 3rd Dynamic Income Opportunities Fund 0.96

Awards were also presented to those service providers that Canadian hedge fund managers voted most valuable to them: SGGG Fund Services received the award for top Canadian Hedge Fund Administrator, the top Canadian Prime Broker award went to CIBC Capital Markets, Borden Ladner Gervais LLP was awarded top Canadian Law Firm and KPMG LLP was voted the top Canadian Accounting Firm.

The 2016 Canadian Hedge Fund Awards program would not be possible without the generous support of its Sponsors:

  • Principal Sponsors: Fundata Canada Ltd. and KPMG LLP
  • Presenting Table Sponsors: CommonWealth Fund Services and SGGG Fund Services,
  • Presenting Sponsors: McMillan LLP and BMO Capital Markets, and
  • Associate Sponsors: Independent Review Inc., Alliance Sales and Marketing, Benefits and Pensions Monitor, Newsfile, EXT Marketing, and TD Securities.

For more information about the annual CHFA program, the 2016 Top Contenders and the full directory of hedge funds participating in the 2016 Canadian Hedge Fund program, go to: or call:

Julie Makepeace
Managing Director, Alternative IQ and President, Alliance Sales and Marketing, Inc.

About Alternative IQ: Alternative IQ is dedicated to celebrating, supporting and expanding Canada's Hedge Fund Industry and produces the annual Canadian Hedge Fund Awards, held in Toronto each October (performance as at June 30th), the 'Winners' Showcase' events which present Managers of the award-winning hedge funds to investors, and various other programs and publications serving the hedge fund industry in Canada. Alternative IQ is a division of Alliance Sales and Marketing, Inc.

About the Annual Canadian Hedge Fund Awards: The Annual Canadian Hedge Fund Awards were first held in 2008 and have a two-fold objective: First, to celebrate the talent and accomplishments of Canada's hedge fund industry, and second, to draw attention to Canada's hedge funds by raising the awareness of that expertise in the media and among the wider investment community.

SOURCE: Alternative IQ

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