The G10-Rosseau Special Situations Fund (US) LP, managed by Rosseau Asset Management of Toronto, earned the top position in 2016 among the 4,099 hedge funds tracked by BarclayHedge with a 156.32 per cent annual return.
Rosseau funds also took the second and sixth spots with returns of 155.94 per cent and 128.89 per cent, respectively.
Warren Irwin, president and chief investment officer, says: "The strong rebound in the resource sector was very refreshing after years of challenging markets. We spent the downturn focused on finding the best special situations available and were rewarded handsomely for our efforts in 2016."
Rosseau's flagship fund, Rosseau LP, was established over 18 years ago and has an average annual compound rate of return since inception of 16.61 per cent to 28 February 2017.
