Alternative IQ Announces Winners of 2017 Canadian Hedge Fund Awards

October 18, 2017 7:00 AM EDT | Source: Alternative IQ

Toronto, Ontario--(Newsfile Corp. - October 18, 2017) - Alternative IQ today announced the winners of the 10th 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 150 guests in attendance.

The Gala Awards Dinner was preceded in the afternoon by THE Canadian Hedge Fund Conference at which Pension Funds, Family Offices and IIROC Dealers discussed their attitudes and intentions about investing in hedge funds, and 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 2017 Canadian Hedge Fund. A total of 208 Canadian hedge funds participated in the 2017 CHFA program. The awards are based solely on quantitative performance data to June 30th, with Fundata Canada managing the collection and tabulation of the data to determine the winners. There is no nomination process or subjective assessment in identifying the winning hedge funds.

The 2017 Canadian Hedge Fund Award winners are:

Overall Best 2017 Canadian Hedge Fund:

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

Place

Fund Name

10 Year Return

10 Year Sharpe Ratio

1st

Blair Franklin Global Credit Fund

12.17 %

3.23

2nd

PH&N Absolute Return Fund

13.31 %

1.55

3rd

King & Victoria Fund LP

14.88 %

1.04

Equity Focused Category

Best 1 Year Return:

1st

Goodwood SPValue Fund

87.56 %

2nd

Loubani Fund I LP

72.31 %

3rd

AlphaNorth Partners Fund

43.63 %

Best 5 Year Return:                   

1st

ROMC Fund

18.07 %

2nd

DKAM Capital Ideas Fund

17.55 %

3rd

Maxam Diversified Strategies Fund

15.90 %

Best 5 Year Sharpe Ratio:    

1st

Maxam Diversified Strategies Fund

2.23

2nd

Exemplar Canadian Focus Portfolio

1.79

3rd

Calrossie Partners Fund

1.77

Credit Focused Category:

Best 1 Year Return:                   

1st

Picton Mahoney Special Situations Fund

24.77 %

2nd

Picton Mahoney Income Opportunities Fund

23.95 %

3rd

Fulcra Credit Opportunities Fund

21.54 %

Best 5 Year Return:                   

1st

Goodwood Milford Fund

9.82 %

2nd

Venator Income Fund

9.16 %

3rd

RP Debt Opportunities Fund

8.88 %

Best 5 Year Sharpe Ratio:    

1st

RP Debt Opportunities Fund

3.22

2nd

Blair Franklin Global Credit Fund

3.18

3rd

Lawrence Park Credit Strategies Fund

2.26

Market Neutral Category:

Best 1 Year Return:                   

1st

Amethyst Arbitrage Fund (Canada)

10.78 %

2nd

HGC Arbitrage Fund LP

9.30 %

3rd

WARATAH One

5.52 %

Best 5 Year Return:             

1st

CC&L Global Equity Market Neutral Fund

12.84 %

2nd

CC&L Market Neutral Fund

9.96 %

3rd

WARATAH One

6.41 %

Best 5 Year Sharpe Ratio:    

1st

WARATAH One

1.62

2nd

Ross Smith Capital Investment Fund

1.53

3rd

Curvature LP           

1.38

Global Macro/Managed Futures/Multi-Strategy Category:

Best 1 Year Return:                   

1st

PH&N Absolute Return Fund

16.78 %

2nd

Barometer Global Macro Pool

15.79 %

3rd

MacNicol & Associates Absolute Return Fund

13.08 %

Best 5 Year Return:                   

1st

Claret Global Multi-Asset Fund

12.32 %

2nd

Barometer Global Macro Pool

12.14 %

3rd

PH&N Absolute Return Fund

11.70 %

Best 5 Year Sharpe Ratio:    

1st

JM Catalyst Fund

2.49

2nd

Kensington Hedge Fund 1

2.01

3rd

PH&N Absolute Return Fund

1.39

Average Performance of Canadian Hedge Funds to June 30, 2017

By Category

1 Yr Return

5 Yr Return

5 Yr Sharpe Ratio

Credit Focused

10.38%

6.11%

1.69

Equity Focused

10.03%

7.01%

0.83

Market Neutral

1.52%

5.89%

1.03

Global Macro/Managed Futures/Multi-Strategy

1.64%

6.38%

0.84

All Hedge Funds in the 2017 CHFAs

7.39%

6.63%

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 Prime Services, McMillan was awarded top Canadian Law Firm and KPMG was voted the top Canadian Accounting Firm.

The 2017 Canadian Hedge Fund Awards program would not be possible without the generous support of its Sponsors:

  • Principal Sponsors: Fundata Canada and KPMG LLP
  • Table Sponsors: Apex Fund Services, SS&C CommonWealth and SGGG Fund Services,
  • Contributing Presenters: CIBC Capital Markets, McMillan and Sigma Analysis and Management
  • Associate Sponsors: Alliance Sales and Marketing, AUM Law, and Independent Review Inc, and
  • Media Partners: 100 Women in Finance, CAIA, Hedge Fund Alert, NEMA, and Newsfile

Help for Children was the Chosen Charity Partner for the 2017 Canadian Hedge Fund Awards program.

For more information about the annual CHFA program, the 2017 Top Contenders and the full directory of hedge funds participating in the 2017 Canadian Hedge Fund program, go to: www.alternativeiq.com or call:

Julie Makepeace
Managing Director, Alternative IQ and President, Alliance Sales and Marketing,Inc.
jmakepeace@alliancesalesandmarketing.com
416-906-3782                                     

About Alternative IQ: Alternative IQ 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 dedicated to celebrating, supporting and expanding Canada's Hedge Fund Industry. AIQ 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.

info